IRS
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The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could happen as soon as next week. This comes as the Trump administration intensified sweeping efforts to shrink the size of the federal workforce, by ordering agencies to lay off nearly all…
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One million taxpayers will automatically receive a payment from the IRS in the coming weeks, the agency recently announced. The checks, which could amount to as much as $1,400, are for those who failed to claim the Recovery Rebate Credit on their 2021 tax returns. “These payments are an example of our commitment to go the…
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