WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 

* More details on the effects of the despicable Trump Administration’s staffing and funding cuts to the IRS from Michael Cohn at ACCOUNTING TODAY –

“IRS reassesses service improvement projects amid layoffs”, 

“IRS enforcement efforts hit by cutbacks”, and 

“IRS workforce reductions accelerate”

From the 3^rd listed article (highlight is mine) –

“The Internal Revenue Service is continuing to shed employees, with over 25% of its workforce now gone since the beginning of the year, according to a new report, and more employees are expected to depart after the Supreme Court cleared the way.”

Government efficiency my arse!  

* Kay Bell continues the conversation in “2026 filing season could be problematic due to cuts in IRS funding and staff” at DON’T MESS WITH TAXES -  

“Finally, the third thing that could make filing season 2026 problematic is that in addition to working with fewer staff, the agency’s overall budget is going to be cut.”

* Kay also tells us “13 sales tax holidays are scheduled for August”.

* There has been much written about Trump’s recent tax cuts (the big but not so beautiful bill) – but what about the new Trump tax?  Alex Durante and Rebecca Walker explain “Trump Tariffs Will Raise the Cost of Food for Americans” at THE TAX FOUNDATION website.

TTFN