Layoffs

The Internal Revenue Service is reportedly reversing course on some of its wide-ranging job cuts after realizing they reduced the staff too drastically.

The IRS failed to follow its own procedures when terminating thousands of probationary employees or consider their individual performance.

The Internal Revenue Service is continuing to shed employees, with over 25% of its workforce now gone since the beginning of the year, according to a new report.

The U.S. Supreme Court let President Trump move ahead with plans to dramatically reduce the size of the federal government.

A group of tax organizations, including the NATP and NAEA, hopes to preserve the core tax functions relied on by tax professionals despite cutbacks at the IRS.

The job cuts amount to about 2% of PricewaterhouseCoopers' U.S. workforce of approximately 75,000 employees.

More than 3,600 revenue agents — responsible for collecting tax payments — have left the IRS.

More than 11,400 IRS employees have either received termination notices as probationary employees or voluntarily resigned, according to a new report.

Former Treasury Secretary Lawrence Summers said the Trump administration's moves to downsize the IRS are likely to incentivize reduced tax-payment compliance.

The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.