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The Latest Breaking News from IRS

Trump Admin Planning to Fire Over 70,000 From Veterans Affairs, Internal Memo Reveals: Report

The Trump administration is planning a major workforce reduction at the VA, potentially cutting more than 70,000 employees, according to an internal memo.

Latin Times

Good news: Latest data shows you might get a bigger tax refund this year

The average time between filing and receiving a tax return is 21 days, according to an analysis of this year’s tax data

The Independent UK

Warren Buffet Compares Trump's Tariffs on Mexico and Canada to 'An Act of War'

Buffett has previously expressed concerns about tariffs, opposing Trump's trade proposals during the 2016 campaign, when he called them "a very bad idea"

Latin Times

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Hollywood’s go-to celebrity tattoo artist pleads guilty to not reporting over $600,000 to the IRS

‘Winter admitted in court today that he knew he was required to report all his income but wilfully lied about it on his tax returns’, stated the DOJ

The Independent UK

Americans have the ‘tax scaries’—but good news is waiting as the average refund goes up 7.5%

Tax season brings 1 in 3 Americans to tears, but with IRS data indicating above-average refunds, the stress might be worth it.

Fortune

White House plans to expand mass layoffs to IRS and Veterans Affairs

Trump administration looks to axe up to half of the tax agency’s workforce and fire up to 83,000 workers at the VA

The Guardian - US

Influencers have trouble figuring out their tax obligations − and with good reason

The Internal Revenue Service hasn’t issued comprehensive guidance on how the estimated 27 million Americans earning income as influencers should report their income and expenses on their tax returns. That’s leaving people who either make a living or supplement their income by endorsing products and services on social media platforms…

The Conversation

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IRS Mulls Slashing Workforce In Half As Trump And Musk Push Government Downsizing: Report

The IRS is planning to cut its 90,000 workforce by half as part of the Trump administration's bid toward federal government downsizing, but many X users are against the idea.

International Business Times

Senate Democrats condemn Russia over Ukraine war and dare Republicans to object – as it happened

Democrats introduce resolutions on Senate floor, as Trump veterans affairs chief defends plans to cut 80,000 staff

The Guardian - US

IRS planning to cut nearly 50,000 jobs in the middle of tax season

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people - right as tax season heats up

The Independent UK

FBI and DOJ headquarters are among more than 440 federal buildings listed for potential sale

The Trump administration has placed some of the country’s most iconic and well-known federal buildings on the potential chopping block, including them on a list of more than 400 properties deemed “not core to government operations” and candidates for “disposal.”

The Independent UK

Hunter Biden Whistleblowers Invited As 'Honorable' Guests to Trump's Speech By Top Republican Lawmakers

Two Republican committee chairs have invited IRS whistleblowers Gary Shapley and Joseph Ziegler to the president's congressional address.

Latin Times

Nearly $2M Defamation Award (Including Attorney Fees) Upheld

From Creal v. Nasiri, decided Thursday by California Court of Appeal Justice Victor Viramontes, joined by Justices Maria Stratton and… The post Nearly $2M Defamation Award (Including Attorney Fees) Upheld appeared first on Reason.com.

Reason

Abbott’s Border Splurge

There is now a powerful, well-heeled constituency that has built up around Operation Lone Star.

Texas Observer

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Salon

Tax advance refund loans come with risks

The loans can mean a faster refund, but there are downsides to be aware of

Kiplinger

Retirement Income Tax and the IRS: What Retirees Need to Know for 2025

Several tax changes are happening that can impact how your retirement income is taxed at federal and state levels.

The Guardian - US

Read the signs of Trump’s federal firings: AI is coming for private sector jobs too

Dismissing 6,700 IRS workers during tax season is a recipe for chaos but AI’s disruption will be much more widespread

The Guardian - US

Email shows that Musk ally is moving to close office behind free tax filing program at IRS

Program is apparently being closed according to email from former Tesla engineer installed in GSA

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news in one place.

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Salon

Pros, cons of using a tax prep chain

Companies like H&R Block, Jackson Hewitt and Liberty Tax may or may not work for your situation this season

International Business Times UK

Here's Why the Average IRS Refund for Tax Returns Filed in 2025 Is 32% Lower Than Last Year

The average US tax refund for the 2024 tax year dropped to £1,725 as of 14th February 2025 from £2,551 on the same day last year.

Fortune

Elon Musk overhauled the Obama-era Digital Services agency and turned it into DOGE. Ex- employees say it betrays the original mission

The U.S. Digital Service was created in 2014 to bring digital best practices to the federal government. In its new incarnation, the office is focused on eliminating bureaucracy and cutting costs.

InsideEVs

GM’s EV Surge Is Set To Face Its Biggest Challenge This Year

General Motors is no stranger to navigating storms. It survived the 1970s oil crisis, managed to stay relevant after the onslaught of Japanese automakers in the 1980s, got a colossal bailout from the U.S. government after the 2008-2009 financial crisis, survived the pandemic and now offers the most diverse electric…

Fortune

Over 7 million Americans missed out on this $2,500+ tax credit. Don’t be one of them

The Earned Income Tax Credit was designed to help low- to moderate-income working individuals and families, but many don’t even apply for it.

Fortune

IRS refunds are 32% lower on average so far this tax season

That's about $1,000 less per taxpayer.

Top News

Passenger Shocked After Sitting Next To Deceased Traveler On Flight

Shocking incident on Qatar Airways flight highlights need for better protocols and support in distressing situations during air travel.

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