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The Latest Breaking News from IRS

Influencers have trouble figuring out their tax obligations − and with good reason

The Internal Revenue Service hasn’t issued comprehensive guidance on how the estimated 27 million Americans earning income as influencers should report their income and expenses on their tax returns. That’s leaving people who either make a living or supplement their income by endorsing products and services on social media platforms…

The Conversation

IRS Mulls Slashing Workforce In Half As Trump And Musk Push Government Downsizing: Report

The IRS is planning to cut its 90,000 workforce by half as part of the Trump administration's bid toward federal government downsizing, but many X users are against the idea.

International Business Times

Senate Democrats condemn Russia over Ukraine war and dare Republicans to object – as it happened

Democrats introduce resolutions on Senate floor, as Trump veterans affairs chief defends plans to cut 80,000 staff

The Guardian - US

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IRS planning to cut nearly 50,000 jobs in the middle of tax season

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people - right as tax season heats up

The Independent UK

FBI and DOJ headquarters are among more than 440 federal buildings listed for potential sale

The Trump administration has placed some of the country’s most iconic and well-known federal buildings on the potential chopping block, including them on a list of more than 400 properties deemed “not core to government operations” and candidates for “disposal.”

The Independent UK

Hunter Biden Whistleblowers Invited As 'Honorable' Guests to Trump's Speech By Top Republican Lawmakers

Two Republican committee chairs have invited IRS whistleblowers Gary Shapley and Joseph Ziegler to the president's congressional address.

Latin Times

Nearly $2M Defamation Award (Including Attorney Fees) Upheld

From Creal v. Nasiri, decided Thursday by California Court of Appeal Justice Victor Viramontes, joined by Justices Maria Stratton and… The post Nearly $2M Defamation Award (Including Attorney Fees) Upheld appeared first on Reason.com.

Reason

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Abbott’s Border Splurge

There is now a powerful, well-heeled constituency that has built up around Operation Lone Star.

Texas Observer

Tax advance refund loans come with risks

The loans can mean a faster refund, but there are downsides to be aware of

Salon

Retirement Income Tax and the IRS: What Retirees Need to Know for 2025

Several tax changes are happening that can impact how your retirement income is taxed at federal and state levels.

Kiplinger

Read the signs of Trump’s federal firings: AI is coming for private sector jobs too

Dismissing 6,700 IRS workers during tax season is a recipe for chaos but AI’s disruption will be much more widespread

The Guardian - US

Email shows that Musk ally is moving to close office behind free tax filing program at IRS

Program is apparently being closed according to email from former Tesla engineer installed in GSA

The Guardian - US

Pros, cons of using a tax prep chain

Companies like H&R Block, Jackson Hewitt and Liberty Tax may or may not work for your situation this season

Salon

Here's Why the Average IRS Refund for Tax Returns Filed in 2025 Is 32% Lower Than Last Year

The average US tax refund for the 2024 tax year dropped to £1,725 as of 14th February 2025 from £2,551 on the same day last year.

International Business Times UK

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Fortune

Elon Musk overhauled the Obama-era Digital Services agency and turned it into DOGE. Ex- employees say it betrays the original mission

The U.S. Digital Service was created in 2014 to bring digital best practices to the federal government. In its new incarnation, the office is focused on eliminating bureaucracy and cutting costs.

InsideEVs

GM’s EV Surge Is Set To Face Its Biggest Challenge This Year

General Motors is no stranger to navigating storms. It survived the 1970s oil crisis, managed to stay relevant after the onslaught of Japanese automakers in the 1980s, got a colossal bailout from the U.S. government after the 2008-2009 financial crisis, survived the pandemic and now offers the most diverse electric…

Fortune

Over 7 million Americans missed out on this $2,500+ tax credit. Don’t be one of them

The Earned Income Tax Credit was designed to help low- to moderate-income working individuals and families, but many don’t even apply for it.

Fortune

IRS refunds are 32% lower on average so far this tax season

That's about $1,000 less per taxpayer.

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Top News

IRS Acting Commissioner Doug O'donnell To Retire Amid Chaos

IRS acting head Doug O’Donnell retires amidst chaos, Melanie Krause to lead, Billy Long nominated.

Salon

Don't wait to file your taxes

The Independent UK

Man kidnapped his wife’s boss after she stole $20m from him, police say

Larry Gilmore told police he ‘believed he was going to die’ when William Costa allegedly rammed an SUV into his Porsche and held him at gunpoint

Latin Times

House Republicans Claim IRS Leaked Trump's Tax Information During Biden Admin: 'This is a MASSIVE Scandal'

GOP lawmakers in the House Judiciary Committee said a new disclosure reveals that the information of over 400,000 people was leaked and blamed the agency

Fortune

As tax season looms and layoffs are threatened, the IRS acting commissioner is reportedly stepping down, too

That could inject some chaos into tax season.

Fortune

A veteran of the only successful government reduction effort in 30 years has a warning for Elon Musk: ‘All hell is going to break loose’

Clinton’s ‘reinventing government’ effort cut 400,000 federal workers and made bureaucracy more efficient—by doing the opposite of DOGE.

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