💨 Abstract
An IRS report to Congress reveals that the agency lost 26% of its workforce due to staffing cuts. The Trump administration's budget bill, which includes significant IRS funding reductions, could impact the 2026 tax filing season. The report warns of potential understaffing and delays in handling tax law changes and identity theft cases. The IRS needs to begin preparations now to mitigate these risks.
Courtesy: WTOP Staff
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