IRS Layoffs May Delay Tax Refunds

The Internal Revenue Service (IRS) is laying off over 6,000 employees during the peak tax filing season. This decision is part of President Donald Trump's initiative to reduce government spending. The layoffs are expected to cause significant delays in processing tax refunds. Financial expert Armine Alajian highlighted that the strain on IRS resources would worsen the already challenging process for taxpayers. These job cuts specifically target the Small Business/Self-Employed Division. The layoffs follow Trump's executive orders to reduce the federal workforce and expenses, implemented with the help of Elon Musk’s Department of Government Efficiency (DOGE). Critics argue that the cuts are counterproductive, potentially leading to greater losses in uncollected tax revenue. Taxpayers are advised to file electronically and as soon as possible to mitigate expected delays.

Source: https://www.cbsnews.com/philadelphia/news/wheres-my-tax-refund-irs-layoffs-impact-your-returns/