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KPMG is shutting down its audit practice for the federal government after losing a Pentagon contract, and laying off 4% of its U.S. advisory practice.
April 30 -
Big Four firm KPMG is eliminating approximately 100 partners in its U.S. audit and assurance practice, after not enough of them accepted an early retirement program.
April 24 -
The proposed cuts impact roughly 6% of the audit division's 7,100 employees.
March 30 -
The Internal Revenue Service's efforts to leverage artificial intelligence are running into obstacles thanks to the severe cuts in staffing and budgets.
March 24 -
Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors' Internal Audit Foundation.
March 10 -
National Taxpayer Advocate Erin Collins warned in her annual report to Congress that this tax season is likely to bring bigger challenges for taxpayers who encounter problems with the Internal Revenue Service.
January 28 -
The Internal Revenue Service Advisory Council issued its annual report after a turbulent year at the agency, criticizing the repeated funding and staffing cuts.
January 14 -
The Treasury Inspector General for Tax Administration will examine the workforce reductions by the Trump administration and the elimination of paper checks.
November 17 -
As the Senate advances a possible end to the 40-day government shutdown, the IRS is adjusting its plans amid a wave of layoffs and program closings.
November 10 -
This marks the Big Four firm's fourth layoff in three years.
October 15 -
At the Internal Revenue Service, which sits within the Treasury Department, the administration plans to fire about 1,300 workers.
October 12 -
The Internal Revenue Service was able to steer through this past tax season despite extensive cuts, but next season could be a problem, according to a new report.
October 3 -
The Big Four firm kicked off a review of some of its internal services teams in Britain in recent weeks.
September 30 -
The Internal Revenue Service is reportedly reversing course on some of its wide-ranging job cuts after realizing they reduced the staff too drastically.
August 22 -
The IRS failed to follow its own procedures when terminating thousands of probationary employees or consider their individual performance.
August 19 -
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.
July 23 -
The U.S. Supreme Court let President Trump move ahead with plans to dramatically reduce the size of the federal government.
July 8 -
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.
June 17 -
The job cuts amount to about 2% of PricewaterhouseCoopers' U.S. workforce of approximately 75,000 employees.
May 6 -
More than 3,600 revenue agents — responsible for collecting tax payments — have left the IRS.
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