Taxes
IRS Braces For More Workforce Cuts Once Tax Season Ends
Forbes Staff
With the tax season deadline just days away, the IRS is bracing for more cuts. Thousands of employees are expected to receive pink slips in mid-May.
More From Taxes
Head Of Tech Latest To Leave The IRS As Concerns Grow About Cuts And Data Sharing
The chief information officer at the IRS will leave his position at the end of the month. Rajiv Uppal's departure follows several high-profile defections.
Forbes Staff
3 Ways Losing Tax-Exempt Status Could Cost Harvard University Billions
Trump has requested that Harvard’s tax-exempt status be revoked. This article discusses 3 key ways that being a 501(c)(3) organization generates so much in tax benefits.
Contributor
Trump Administration Will Reportedly Nix IRS Direct File, Eliminating The Free Tax Filing Option
Reports indicate that the Trump administration is planning to eliminate the IRS Direct File program.
Forbes Staff
The Week That Turned Out To Be A Wild Ride Edition
This week on "Tax Breaks" host and Forbes Senior Writer Kelly Phillips Erb covers the week's volatile stock market due to President Trump's tariffs.
Forbes Staff
House Democrats Seek Unredacted IRS Data Sharing Agreement
House Democrats have sent a letter to Scott Bessent and Kristi Noem seeking an unredacted copy of the memorandum of understanding allowing the IRS to share tax data.
Forbes Staff
April 15 Hasn’t Always Been Tax Day—It Used To Be Much Earlier
The U.S. income tax system has changed quite a bit over the years—and that includes more than the due date for Form 1040.
Forbes Staff
Trump, Tariffs, And Trade Turmoil
In this episode of Tax Notes Talk, Mat Mermigousis of BDO discusses the Trump administration’s ever-changing tariff policies and what they may mean for U.S. businesses.
Contributor
Ease Your Tax Day Stress With Delicious Deals, Discounts, And Freebies
Nobody likes writing a big check on Tax Day, but there is some good news: April 15 also means specials, freebies, and deals.
Forbes Staff
5 Requirements To Use IRS Direct File And Do Your Taxes For Free
Taxpayers pay hundreds of dollars to file their income tax returns each year. The IRS has rolled out a free program called IRS Direct File to taxpayers in 25 states.
Contributor
VAT Chronicles: Marshmallows Are The New Jaffa Cakes
Robert Goulder comments on the futility of using VAT exemptions to address progressivity concerns.
Contributor