How do IRS layoffs, budget cuts, and policy shifts affect YOU this tax season? Find out what fact vs. fiction is in this timely update.
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Key Notes
- IRS funding has been reduced by over $40 billion, stalling modernization and enforcement.
- Between 20–50% of IRS jobs are affected, leading to severe staffing shortages.
- Taxpayer services such as ID theft recovery, audits, and installment plans are likely to be delayed.
- Misinformation and tax scams are increasing, especially from so-called “accounting influencers.”
- Tax season is NOT canceled, but it’s more important than ever to work with a professional.
- Data privacy concerns are growing, particularly around immigrant tax filers and the use of ITINs.
- IRS support is slower and more strained—patience and verified advice are key this season.
