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

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

The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.

Inc. - 1d

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 - 1d

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

Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?

Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.

MarketWatch - 7h

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 - 1d

The IRS is firing thousands of workers. Will it affect your tax refund?

With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns – or their refunds – will be affected.

The Hill - 6h

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 - 21h

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 - 1d

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 - 3d

Trump administration mass layoffs can continue, judge rules

A judge allowed the Department of Government Efficiency's federal workforce cuts to continue on Friday. Probationary workers and IRS staff are on the chopping block as the Defense Department ...

CBS News - 21h

Mass federal layoffs deliver a gutting one-two punch to America's veterans

President Donald Trump’s sweeping efforts to purge the federal workforce have dealt a striking one-two punch to an already largely vulnerable population: America’s veterans.

NBC News - 23h

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 - 1d

Fired IRS employees slam layoffs as agency makes cuts nationwide

As the IRS fired thousands of workers across the country on Thursday, many laid-off employees walked out of the headquarters in Washington, D.C., for the last time.

ABC News - 1d

Will the expected IRS cuts delay my 2025 tax refund?

Tax accountants urge Americans to file early this year to avoid delays in getting your 2025 tax refund.

CBS News - 22h

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.

Inc. - 1d

What Alphabet's plan to launch a lower-price YouTube product means for the stock

The emphasis on YouTube subscriptions is a key part of the Alphabet story as it diversifies the company away from advertising.

CNBC - 39m

Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs

Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.

Inc. - 2d

Woman uproots life to take job as federal worker, then fired in mass layoffs weeks later

Last month, Katie Sandlin uprooted her life in a small town in Alabama to accept a job at the National Institutes of Health in Washington, D.C. Three weeks later, before she even unpacked her ...

CBS News - 1d

IRS employee among those fired by Trump during tax season speaks out

President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...

CBS News - 20h

NBA Defensive Player of the Year odds: What does Victor Wembanyama's injury mean to the award race?

The Defensive Player of the Year race just changed drastically with Wembanyama now out for the season

CBS Sports - 1d

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.

CNBC - 1d

Will your tax preparer save you money or make costly mistakes? Look for these red flags.

How to make sure you get what you pay for.

MarketWatch - 3h

Do you have a favorite kid? Here's what may contribute to perception

A new study found that parental favoritism is real and that multiple factors like gender and culture could be influences.

CBS News - 1d

The Fed’s job is not to boost the stock market. Here’s what it should be doing.

Getting inflation down to 2% should be the Fed’s No. 1 concern.

MarketWatch - 3h

I tried to stop rage-honking my car horn – but what am I to do with all this anger?

My ‘achievable’ self-development goal of trying not to be angry was difficult. It’s what you do with that feeling that matters. A couple of years ago, I decided to go for more “achievable” new year ...

The Guardian - 1d