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IRS will lay off thousands of probationary workers in the middle of tax season

The IRS will fire thousands of probation workers midway through the tax season, with cuts likely to occur soon next week, according to two sources familiar with the agency's plans. This intensifies the Trump administration's drastic efforts to reduce the size of its federal workforce by ordering agencies to fire almost all probation employees who […]

Trump Social Security Tax Plan: Which Millennials Benefit Most – Newsweek

President Donald Trump's recent proposal to eliminate federal income taxes on social security benefits would benefit the old millennials in their 40s, among the highest income groups. new Report The budget model of nonpartisan research group Penn Wharton found that this particular group of millennials shows a marked increase in lifelong welfare. Why is it […]

Trump vows to scrap income tax

‘The Big Money Show’ discusses President Donald Trump’s ‘aggressive’ economic agenda. Subscribe to Fox Business: … source

Senate Republicans propose bills to kill EV tax credit, add road repairs tax

Senate Republicans introduced a pair of bills on Wednesday, aiming to strip the country of electric vehicle tax credits and replace them with mandatory $1,000 tax payments that they would instead be used to repair roads. “The hard-earned money of Americans paying taxes should not cover the cost of the country's elite luxury, and we […]

Where is my tax refund? – NPR

The IRS says it processed 11.7 million tax returns in the first week of the 2025 filing season. Here you can see a cart with documents at the IRS processing facility in Austin, Texas last September. Brandon Bell/Getty Images Hide captions Toggle caption Brandon Bell/Getty Images The IRS began accepting tax returns on January 27th. […]

Senate Republicans say they won't support tax bill that doesn't make Trump cuts permanent 

Senate Majority Leader John Tune (Rs.D.) and other Republican senators vote for a permanent extension of President Trump's 2017 tax cuts, not a temporary extension. A bill that includes the president's legislative agenda that vowed to throw the wrench into an effort to advance the House Republican version. Nine Republican senators, including Mike Krapo (Idaho), […]

Death tax repeal effort gets more than 200 Republican lawmakers on board

First on FOX: Republican lawmakers are gathering massive efforts to abolish federal inheritance tax, known as the “death tax.” R-Iowa's Rep. Randy Feenstra leads more than 170 House Republicans in the Death Tax Abolition Act, backed by House top tax writer Jason Smith, Speaker of Ways & Means, and R-Mo. Inheritance or real estate taxes […]