What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?

• Here's how IRS layoffs could impact your tax filing and refund this season

  Thousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or DOGE, continues cuts to federal spending.
  
  CNBC - 12h
• 

  IRS layoffs underway around the country as millions prepare to file taxes

  The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.
  
  ABC News - 1d
• 

  What does DOGE's IRS shake-up mean for tax season?

  DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.
  
  NBC News - 1d

• Don't wait to file your taxes this season, experts say. Here's why

  Nearly one-third of Americans procrastinate filing their taxes. But here's why you shouldn't wait this season, experts say.
  
  CNBC - 8h

• What do we know about Trump administration and DOGE's mass firings?

  A federal judge is giving President Trump the go-ahead to continue mass firings of thousands of federal employees, for now. CBS News White House reporter Aaron Navarro and CBS News congressional ...
  
  CBS News - 4h

• Ways and Means eyeing limits to corporate tax deductions

  Politico - 3d

• Latest news on Trump administration's mass layoffs

  Thousands of Americans who worked as federal employees are out of a job and more cuts are coming after a federal judge allowed the Trump administration's mass layoffs plan to continue. CBS News' ...
  
  CBS News - 8h
• 

  Is Russia Open for Business — and at What Cost?

  Investors seem open to the prospect of peace talks, but Western companies face a dilemma just three years after many retreated from the country.
  
  The New York Times - 2d
• 

  I.R.S. Fires 6,700 Employees Amid Tax Filing Season

  The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.
  
  The New York Times - 13h

More from Inc.

• 

  Judge Extends Block to Huge Cuts in National Institutes of Health Research Funding

  Healthcare organizations and 22 states have sued to stop the cuts. The case is expected to reach the Supreme Court.
  
  Inc. - 6h
• 

  Experts Call Foul on FAA Firings Following Aviation Accidents

  The Federal Aviation Administration is the latest victim of Elon Musk’s DOGE firings, despite a recent spate of plane crashes.
  
  Inc. - 7h
• 

  What Would Trump Taking Control of the USPS Mean for You?

  Some reports say Trump plans to take control the USPS, possibly to privatize it. Here’s what that could mean for businesses and consumers.
  
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• 

  Trump’s Crypto Love Affair Is Blossoming as Musk’s DOGE Reins In Regulators

  Lawsuits are being dropped in the friendlier regulatory environment, while officials investigating Musk’s companies are getting DOGE’d.
  
  Inc. - 10h
• 

  Is the Future of the Creator Economy Direct-to-Consumer?

  Confusion surrounding the TikTok ban last month has pushed creators to seek more stable ways to earn.
  
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More in Business

• My husband and I have been married for 18 years. We share a son — and my husband has a daughter. Why should they get an equal inheritance?

  “This year she got married, and I was completely left out of any planning, bridal-shower and wedding activities.”
  
  MarketWatch - 2h

• ‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?

  ‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’
  
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• ‘I feel like I’ve opened a hornet’s nest’: My mother-in-law lists my husband as beneficiary on her $1 million IRA. But her will says otherwise. Who wins?

  “All of this is causing a lot of turmoil in the family. Does her will trump the IRA beneficiary?”
  
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• The iPhone 16e has one big drawback

  The new device has all the bells and whistles we have come to expect.
  
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• As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices

  Citigroup says it will no longer require “diverse slates of candidates and diverse panels of interviewers.”
  
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