The shutdown also comes as the IRS is still reeling from a wave of cuts enacted by the Trump administration and billionaire ...
More than 74,000 IRS employees are expected to report for work through Oct. 5, per the agency's shutdown contingency plan.
As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.
Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to spur direct deposit.
According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers ...
The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or ...