The average tax refund amount was just over $3,100 last year. For many Americans, that money can bring wonders: it could pay several months' rent, be a downpayment for a car, or allow you to buy ...

The Inflation Reduction Act, signed into law by President Joe Biden in 2022, gave the IRS $80 billion and the ability to hire ...

Cyril Persaud expects it to only get busier as more than 6,000 IRS employees are expected to be terminated by the end of the week. Persaud has been the owner of Tax Plus in Hartford for 26 years.

A tearful executive at the US Internal Revenue Service told staffers on Thursday that about 6,000 employees would be fired, a person familiar with the matter said, in a move that would eliminate ...

IRS firing 6,700 staff in Trump and Musk’s DOGE purge weeks before deadline to file taxes - The layoffs will impact more than ...

After weeks of delays, the IRS has started distributing tax refunds that were previously on hold due to legal constraints.

KSN spoke with a tax professional about how the IRS layoffs could impact the time it takes to get a refund check. Simply put, your refund check could take longer to receive. Robert Patterson, the CEO ...

Experts are recommending tax filers should consider getting their returns in as soon as they can amid the uncertainty.

President Trump and his friend Elon Musk have fired thousands of government workers since Trump took office last month.

Experts say layoffs of about 7,000 IRS workers probably mean an end to plans to target rich tax dodgers and could spell disaster for revenue collection.