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 ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The ambitious tax reform bill, dubbed the 'One Big Beautiful Bill,' promises sweeping changes to the U.S. tax landscape. With ...
ITR-6 and ITR-7 for Assessment Year (AY) 2025-26 have not yet been made available, leading to speculations that the CBDT may ...
As reported by Kiplinger, the layoffs at the IRS impacted nearly every division. By the end of the 2025 tax season, more than 25% of the agency’s workforce had been cut down via layoffs, buyouts, or ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
Trump's bill offers tax relief for seniors, but Social Security benefits aren't tax-free. Here's what actually changes in ...
This move is seen as an attempt to prevent unauthorised changes to one's profile with the Income Tax Department. This will ...
President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...
The ITR filing deadline moved from 31 July to 15 September. Extension applies to non-audit taxpayers. No penalty interest if ...
After a successful 2025 tax filing season, the loss of over 25% of staff and a 37% drop in funding leave the status of the ...