A new analysis of IRS tax data indicates that everyone benefited from the Trump tax cuts, but those who earned less than $75,000 received a much-higher percentage of savings. (Samuel Corum ...

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

The question is what those rates will be starting in 2026, when the Trump-era tax cuts expire. The Tax Cuts and Jobs Act temporarily lowered five of seven rates. The current 12% rate used to be 15 ...

IRS Data Confirms Trump’s Tax Cuts Delivered Big for the Middle Class. ... households making between $50,000 and $75,000 pocketed $4,516 in additional income because of the Trump tax cuts.

The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...

The IRS is losing a third of its workforce while abandoning complex tax cases worth millions in revenue. This staffing crisis creates a system where wage earners face automatic verification while ...

IRS data proves Trump tax cuts benefited middle, working-class Americans most by Justin Haskins, Opinion Contributor - 12/04/21 8:00 AM ET. by Justin Haskins, Opinion Contributor - 12/04/21 8:00 ...

The Trump administration's significant cuts to the IRS workforce have sparked concerns about reduced public revenue and a 'silent tax cut' for the wealthiest 1% of American taxpayers.

The Trump administration's decision to implement extensive layoffs at the IRS is raising concerns among tax experts. While intended to cut costs, these reductions could lead to significant revenue ...

Though estimates vary, a number of think tanks have put out reports on the impact staffing cuts at the IRS will have on tax revenues. If Trump’s upcoming IRS cuts reach 50%, it could lead to ...

Though estimates vary, a number of think tanks have put out reports on the impact staffing cuts at the IRS will have on tax revenues. If Trump’s upcoming IRS cuts reach 50%, it could lead to ...