There’s this great lyric in the Randy Travis song, “Is it still over?” where Travis sings, “Since my phone still ain't ringing, I assume it still ain't you.” That’s how I feel about the IRS these days ...
But the IRS is no doubt preparing for the possibility of a shutdown. "There's this legal framework around government spending, and the Anti-Deficiency Act basically says you can't spend that which you ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
Due to the government shutdown—now in its third week—IRS operations are limited. Despite the need to prepare for the upcoming tax filing season—with new tax laws like no tax on tips in place—the IRS ...
A government shutdown can create uncertainty, especially if you filed a tax extension for tax year 2024. If you’re wondering how it might impact your tax return, here are the answers you need. File by ...
The Internal Revenue Service (IRS) is facing its most dramatic downsizing in decades, with significant implications for taxpayers and the federal budget. A federal watchdog report has warned that the ...
The IRS says there will be no changes to its operations for the first five days of a government shutdown, thanks to a reallocation of money from the Inflation Reduction Act (IRA). Here’s what we know.
The IRS will not immediately be impacted by the partial government shutdown that began on Wednesday, Oct. 1. Congressional leaders failed to agree on funding legislation necessary for the U.S.
As the Senate advances a possible end to the 40-day government shutdown, the Internal Revenue Service is adjusting its plans amid a wave of layoffs and program closings. In a court filing last week ...
Nearly half of the IRS workforce — nearly 34,000 employees — faces furloughs as the government shutdown enters its second week, with the agency rolling out a contingency plan to keep key tax ...
With the recent departure of Billy Long, we are headed toward our seventh commissioner of the Internal Revenue Service, acting or otherwise, this year. This is a serious concern for a number of ...