The Internal Revenue Service began implementing staffing cuts in late February as part of wider federal spending reductions. These cuts are being implemented through Elon Musk’s Department of ...
The home office deduction is a popular yet often misunderstood tax benefit. According to the IRS, it's one of the most misused deductions, leading to increased scrutiny. With the rise of remote work, ...
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IRS Government Watchdog Warns More Layoffs to Come
The 2025 tax season has wrapped up, and the IRS is set to experience another gutting of its workforce this week — or is it? As many as 5,000 IRS employees reportedly accepted the Trump ...
WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...
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IRS will furlough nearly half of its workforce as the government shutdown enters a second week
WASHINGTON (AP) — The IRS will furlough nearly half of its workforce on Wednesday as part of the ongoing government shutdown, according to an updated contingency plan posted to its website. Most IRS ...
Australian renters could claim thousands of dollars in tax deductions if they work from home, following a bombshell judgment.
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