THE TRUMP ADMINISTRATION AND ITS DEPARTMENT OF GOVERNMENT EFFICIENCY ARE NOW TARGETING THE INTERNAL REVENUE SERVICE. REPORTS INDICATE THE IRS WILL LAY OFF BETWEEN 6 AND 7 THOUSAND WORKERS TODAY. THE IRS CURRENTLY HAS MORE THAN 90,000 EMPLOYEES AND THE DEADLINE TO FILE 2024 INCOME TAX RETURNS IS APPROACHING… NOW LESS THAN TWO MONTHS AWAY ON, APRIL 15TH.
MUCH LIKE THE RECENT LAYOFFS IN OTHER FEDERAL AGENCIES, THE TERMINATIONS WILL TARGET PROBATIONARY EMPLOYEES, OR PEOPLE WHO HAVE BEEN ON THE JOB FOR LESS THAN A YEAR.
CBS NEWS REPORTS AN E-MAIL FROM HIGH RANKING OFFICIALS TO MANAGERS OF THE IRS SMALL BUSINESS/SELF-EMPLOYED DIVISION ON WEDNESDAY, INDICATED THAT 3500 WORKERS ARE FROM THAT SPECIFIC DEPARTMENT AND NOT DEEMED AS CRITICAL TO FILING SEASON. CBS IS ALSO REPORTING THAT MANAGERS IN THE LARGE BUSINESS & INTERNATIONAL DIVISION ALSO RECEIVED AN E-MAIL, TELLING THEM TO GO INTO THE OFFICE ON THURSDAY AND FRIDAY TO SUPPORT “OFFBOARDING ACTIVITIES.”
UNDER FORMER PRESIDENT BIDEN, THE INFLATION REDUCTION ACT BOOSTED IRS FUNDING BY $80 BILLION OVER THE NEXT TEN YEARS. CONGRESS HAS SINCE RESCINDED SOME OF THAT FUNDING. THE ASSOCIATED PRESS IS REPORTING THAT BY THE END OF 2024, THE IRS HAD COLLECTED $1.3 BILLION BACK TAXES, FROM TAX DODGERS.
HOWEVER, AN EXECUTIVE ORDER, ISSUED BY PRESIDENT TRUMP EARLIER THIS MONTH, INSTRUCTED HEADS OF AGENCIES TO WORK WITH DOGE ON LARGE SCALE REDUCTIONS OF THE FEDERAL WORKFORCE.
ALSO, DEPARTMENT OF HOMELAND SECURITY SECRETARY KRISTI NOEM HAS ASKED THE TREASURY SECRETARY IF HER DEPARTMENT CAN BORROW IRS WORKERS TO HELP WITH THE TRUMP ADMINISTRATION’S CRACKDOWN ON ILLEGAL IMMIGRATION.
FOR MORE UNBIASED UPDATES, DOWNLOAD THE STRAIGHT ARROW NEWS APP
Jobs are opening up in the sports industry as teams expand and money flows into the industry.Excel Search &
Fired federal workers are looking at what their futures hold. One question that's come up: Can they find similar salaries and benefits in the private sector?
After two days of increases, mortgage rates are back down again today. According to Zillow, the average 30-year fixed rate has decreased by four basis points t
Julia Coronado: I think it's too early to say that the U.S. is heading to a recession. Certainly, we have seen the U.S. just continue t