Layoffs

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.

The Internal Revenue Service commemorated the 70th anniversary of the April 15 tax filing deadline.

Internal Revenue Service employees are being offered a last chance for a voluntary buyout as the Supreme Court blocked a ruling requiring the IRS to rehire workers.

The Internal Revenue Service has placed 50 senior IT leaders on administrative leave, as the union filed suit over a Trump order on collective bargaining.

The American Institute of CPAs is monitoring the situation at the IRS amid reports of heavy layoffs, stressing the need to maintain services during tax season.

Cutting IRS staffing in half over the next 10 months would mean less help and longer waits for taxpayers and let wealthy tax cheats escape paying what they owe.

A technical glitch prevented Internal Revenue Service officials from notifying laid-off employees by email, so the IRS will be sending them letters, instead.

The Internal Revenue Service is reportedly planning layoffs of thousands of first-year probationary employees in the midst of tax season as soon as this week.

The layoffs span the accounting firm's advisory, tax and audit businesses.

The Big Four firm has cut roughly 330 people from its U.S. audit business to combat near historic low employee turnover rates.

Ernst & Young fired dozens of its U.S. staffers for taking multiple online training courses simultaneously, violating the firm's ethic's policies.

Accounting solutions provider FreshBooks will be laying off roughly 20% of its staff across all teams, and at all levels around the world.

The cuts include roughly 240 employees in RSM's consulting businesses, and come as demand for the profession's consulting services wanes.

The cutbacks are a sign of further retrenchment among the Big Four firms.

The firm employs about 7,700 people in Canada and had already cut about 2% of its workforce in the country at the end of last year.

The cutbacks in the Australia region are the latest sign of pressure in an industry that spans accounting, audit and consulting.

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

The job cuts will affect "a limited number of people" in the Big Four firm, according to a statement from EY's U.S. unit.