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The Internal Revenue Service commemorated the 70th anniversary of the April 15 tax filing deadline.
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IRS outlines plan to cut up to 40% of workforce, as tax filing season ends Federal News NetworkMore Than 20,000 IRS Employees Accept Trump Administration's Resignation Offer The New York TimesThe Plight of the Taxman The New YorkerIRS employees expect to learn their layoff fate around Tax Day, their busiest time of the year CNN
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How honest will Americans be about their income when there are suddenly fewer auditors to check them?
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If President Donald Trump's large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts would be warranted, even if the taxes on imports cause a spike in inflation.
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