News

IRS decision on Harvard's tax-exempt status could come in days: Sources
The IRS is considering revoking Harvard University’s tax-exempt status and a decision could be made in the coming days, ...
IRS considers rescinding Harvard's tax-exempt status, something Trump floated
"Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!" President Trump wrote on Truth Social ...
IRS Issues Urgent Advise On How To Minimize Penalties For Missed Filings
Missing a tax filing deadline can lead to a failure to file penalty, which is usually five percent of the unpaid taxes for ...
Bill taking aim at IRS would strip agency of guns and ammo
Ala., and several other House Republicans push the "Why Does the IRS Need Guns Act" that would strip the IRS of firearms and ...
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IRS Tax Returns to Become More Expensive For Millions of Americans: Report
IRS staff were reportedly told in mid-March to stop working on Direct File's development for the 2026 tax filing season.
IRS could end up with 40% fewer staff after workforce reductions: Reports
The IRS is planning another round of layoffs amid Donald Trump and Elon Musk's workforce reduction plans. The final size ...
How DOGE led a ‘hostile takeover’ at the IRS to use taxpayer data for immigration crackdowns
A group of senior career officials tried but ultimately failed to protect the agency’s highly-sensitive database of taxpayer ...
IRS Is Considering Revoking Harvard’s Tax-Exempt Status After School Rejects Trump’s Demands
The Trump administration on Monday froze $2.2 billion in federal funding for Harvard after the school refused to agree to a ...
Big exodus of IRS employees underway as tax season hits full swing
Thousands of workers are leaving the IRS through deferred resignations. The big staff reductions might lead to decreased ...
IRS could cut up to 40% of workforce, memo indicates
The IRS's Reduction in Force plan states the agency could go from 102,000 employees to a target of 60,000 to 70,000, ...