July 02, 2025 - The Internal Revenue Service (IRS) is facing a steep workforce reduction that threatens its capacity to assist businesses just as many confront growing uncertainty around global ...

The tax agency overall is down a quarter of its staff through a combination of deferred resignations, retirements and RIFs, ...

Treasury Secretary Scott Bessent testifies before the House Appropriations Committee in the Rayburn House Office Building on May 6, 2025 in Washington, D.C. (Photo by Kayla Bartkowski/Getty Images) ...