The IRS reported that the average refund amount via direct deposit was $2,252 based on 33 million tax returns processed through February 14. That’s down 31% from $3,265 during the same period ...

views on IRS collections and the debt ceiling. (The Hill) – The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump ...

Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...

The second Trump administration is reportedly working on a plan to dramatically reduce the workforce at the Internal Revenue Service. “I think there’s no scenario in which it doesn’t ...

President Donald Trump’s attempt to hollow out the IRS workforce revealed a major flaw. Who’s going to process millions of tax returns in their absence? The Trump administration fired ...

The California Legislature has acknowledged that money alone might not be enough to entice production back to the state, introducing a pair of bills Wednesday aimed at bolstering Gov. Gavin Newsom ...

A significant tax overhaul in 2017 bulked up standard deduction amounts, and in recent years, the IRS has made them even bigger as inflation soared. Premium: See offer landing page for details.

How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems. By Tara Siegel Bernard It’s a tax season unlike any other: As millions of Americans ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

We’re continuing to follow reports that the Donald Trump administration has fired more than 6,000 IRS workers, many of them in collections and enforcement. The administration said it’s doing ...

The money the IRS spends on tax collection helps it pull in more money from taxpayers. How will layoffs impact the agency's ROI? The newly established Center for Heterodox Economics aims to ...

Yet the private sector leaders advising President Trump on ways to increase government efficiency are deploying this exact approach by targeting the Internal Revenue Service, which collects ...