A major funding boost is set to reshape free tax‑help services for vulnerable filers as the 2026 season gets underway.

Receiving a notice from the IRS about unpaid taxes can be daunting, especially if the amount exceeds your immediate payment capacity. For many Hispanic taxpayers in the U.S., understanding the minimum payment the IRS will accept and the consequences of not paying in full is crucial.

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released new guidance to help taxpayers who are eligible to claim ...

No one wants to be audited by the IRS. And, in fact, very few US taxpayers have been in recent years. Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS data. More specifically, only ...

The IRS is planning to cut up to 40% of its workforce after Tuesday marked the official end of tax filing season, according to an internal memo obtained by CBS News that has circulated among IRS employees this week. The memo said that the IRS will send ...

In February 2025, the Internal Revenue Service had approximately 103,000 employees. By March, more than 11,400 of those workers had received termination notices as probationary employees or voluntarily resigned under the so-called "Fork in the Road" or ...

IRS refund delays​ 2026: Americans filing taxes this year face potential delays as the IRS braces for a possible government shutdown. Funding talks have stalled, primarily over the Department of Homeland Security budget.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While the IRS is known for its aggressive approach to dealing with tax debt, it also recognizes that helping taxpayers address ...

The Internal Revenue Service (IRS) is poised to reach up to a 40% reduction of its workforce, multiple outlets reported. The notices of reduction of force are scheduled to start going out to employees this week, the memo reportedly stated. The IRS layoffs ...

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and efficient. The Interim Guidance Memorandum introduces ...

Get the latest federal technology news delivered to your inbox. Treasury Department leadership says they will modernize the IRS within two years, but workforce cuts, contract changes and operational uncertainty for the IRS tech team could make that difficult.

Wall Street legend Frank Bisignano has become the most prominent businessperson to dive into government work.