New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be abandoned amid the diminished headcount.

How could your tax return be impacted by IRS layoffs? If you file your return electronically, instead of by paper, then these layoffs might not affect your returns. “Those taxpa

A reduction in force of tens of thousands of employees - being pushed by Trump and Elon Musk's DOGE - would render the IRS “dysfunctional,” said John Koskinen, a former IRS commissioner.

This week on Tax Breaks, Forbes Senior Editor Kelly Phillips Erb is talking about job losses at IRS, taxpayer privacy, the House and Senate making progress on the budget, changing your name, taxes on tips,

The Trump administration claims gutting federal agencies will save money, but cutting the IRS means the government collects less taxes. “If you’re interested in the deficit and curbing it, why would you cut back on the revenue side?

The IRS is working on a plan that would see its 90,000-strong workforce reduced by as much as half, the AP's sources say. The cuts would come as part of President Trump's DOGE-led moves to pare down the size of the federal workforce,