News

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
Crypto investors are poised for record returns on Bitcoin and other digital assets—and so, too, is the taxman. The Internal ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
T he Internal Revenue Service (IRS) has made headlines in 2025 by issuing more than $124 billion in tax refunds to American taxpayers, reflecting an impressive 8.1% increase compared to last year.
According to an IRS data book, the agency employed about 15,500 customer service workers in 2021.The workforce has since grown to about 20,000, as of late 2023, the most recent figures available ...
The Internal Revenue Service made progress on its customer service and systems last year, but it's still facing challenges with processing tax returns on time, according to a new report. The report , ...
The average individual refund has also seen an uptick. In the fifth week of last year's tax season, the average refund was $3,182. This year, during the same period, refunds have averaged $3,382.
T he Internal Revenue Service (IRS) has set forth stringent conditions that both taxpayers and tax preparers must adhere to when filing tax returns. As the 2025 tax season deadline of April 15 ...
The Internal Revenue Service (IRS) is rejecting a significant number of tax returns due to errors, missing documentation, and deadline-related issues. With the tax filing season underway, it is ...