tax cut, The One Big Beautiful
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Soy Nómada on MSNThey prevent chaos in the next IRS tax filing due to cutsThe IRS faces potential turmoil in the 2026 tax season due to significant staff reductions. Despite a successful 2025 season, experts warn that the agency's ability to manage upcoming challenges is at risk.
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Explícame on MSNFederal Government Plans More Massive Cuts of 107,000 EmployeesFollowing over 260,000 federal job losses since January, new budget plans propose eliminating an additional 107,000 roles.
The Trump administration set out to cut thousands of jobs at the IRS this year, aided by Elon Musk’s Department ... “Now, maybe the cuts to staffing alone may not have had a huge impact on the filing season if all else held equal,” said Alex ...
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Soy Nómada on MSNIRS no longer allows moving expense deduction under new lawUnder the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after December 31, 2025, with exceptions for some government workers.
So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and construction where extra hours are common. But don’t expect your weekly paycheck to grow. The savings will come when you file your 2025 taxes in early 2026.
The budget bill championed by Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts. That's what an independent watchdog says ...
The budget bill championed by President Donald Trump could complicate next year's tax filing season after the IRS lost one-quarter of its employees through staffing cuts.