Taxes April 28, 2025
Taxpayer Fails Test on Frivolous Tax Claim
Tax Court judges are notoriously a no-nonsense bunch. They consistently deny claims by taxpayers that are considered to be “frivolous” in nature.
IRS April 25, 2025
IRS Lets Go of Workers in Taxpayer Experience Office, Diversity Office in Taxpayer Services
An unknown number of employees who work in those two offices within the IRS received notice Friday afternoon that they are being laid off as part of the agency's reduction to its workforce.
Taxes April 23, 2025
Ex-Treasury Secretary Says Trump ‘Attack’ on IRS Risks $1 Trillion Revenue Hit
Lawrence Summers said that the Trump administration’s moves to downsize the IRS, along with other changes, are likely to incentivize reduced tax-payment compliance.
Taxes April 22, 2025
Now’s the Time to Adjust Tax Withholdings on Your Paycheck, IRS Urges
By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.
Taxes April 21, 2025
Harvard is Taking the Trump Administration to Court
After the feds froze more than $2 billion in grants to the Cambridge campus and threatened its tax-exempt status, Harvard University has filed a lawsuit against the Trump administration in Massachusetts federal court.
IRS April 19, 2025
Bessent Replaces Acting IRS Commissioner in Musk Power Struggle
Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting chief of the IRS after reports the current leader of the agency, Gary Shapley, had been installed at the urging of Elon Musk without Bessent’s knowledge.
IRS April 18, 2025
IRS DRP 2.0 Contract Language: Would You Sign It?
Many IRS employees, who didn't take the first deferred resignation offer earlier this year, jumped at the chance to take the buyout this time around, while others have decided to ride it out, hoping they will be spared from the reduction in force plans at the tax agency.
IRS April 18, 2025
IRS Workers Whose Roles Are ‘Deemed Critical’ Get Rejected For DRP 2.0
The IRS is telling some employees who have requested to take the latest deferred resignation offer from the Department of the Treasury that they're ineligible because their positions within the tax agency are "deemed critical."
IRS April 17, 2025
Trump’s Pick to Lead IRS Under Scrutiny For Latest Campaign Finance Disclosures
Billy Long, a former GOP lawmaker and President Donald Trump’s nominee for IRS commissioner, disclosed in new federal filings on Tuesday that he paid himself back using campaign donations for a $130,000 loan he made to his failed 2022 Senate campaign.
Taxes April 17, 2025
Harvard Warns of ‘Grave Consequences’ as Trump Pushes IRS Action
Harvard University pushed back against the U.S. government after President Donald Trump said the school should lose its tax-exempt status, warning that such a move would endanger its ability to carry out its mission and threaten higher education in America.
Taxes April 16, 2025
IRS Direct File Likely to Be Shut Down After This Year
The Trump administration is reportedly planning to pull the plug on IRS Direct File, the free online service that allows many taxpayers to file their tax returns directly with the agency.
IRS April 16, 2025
IRS Updates RIF Plans, Could Lay Off Up to 40% of Workforce
An internal memo said the IRS workforce, which sat at approximately 100,000 when President Donald Trump took office on Jan. 20, could be reduced to as little as 60,000 to 70,000 employees in the coming months.