Fri, February 21, 2025
[ Fri, Feb 21st 2025 ]: AOL
What type of business savings account is right for you?
[ Fri, Feb 21st 2025 ]: Kiplinger
UnitedHealth Stock Drags on the Dow After DOJ Probe News
[ Fri, Feb 21st 2025 ]: Kiplinger
Block Stock Falls After Revenue, Earnings Miss Expectations
[ Fri, Feb 21st 2025 ]: Reuters
Exclusive: Abrdn to launch China asset management venture with Citic unit, sources say
[ Fri, Feb 21st 2025 ]: Forbes
Section 382 Limitations For Tech Companies Dealing With R&D Capitalization Requirements
[ Fri, Feb 21st 2025 ]: Reuters
Block shares drop as spending slowdown puts BNPL expansion in focus
[ Fri, Feb 21st 2025 ]: Forbes
Progress Over Perfection: Empowering Finance Teams With Digital Fluency
[ Fri, Feb 21st 2025 ]: Forbes
She Earns More: Redefining Power And Partnership In Modern Families
[ Fri, Feb 21st 2025 ]: AOL
Should you sign a loan or pay a fee to get your tax refund early? Here's what you need to know
[ Fri, Feb 21st 2025 ]: Bloomberg
Trump's Tariff Wars Leave US Small Business With Nowhere to Hide
[ Fri, Feb 21st 2025 ]: Fortune
Starbucks hoped mobile orders and the drive-throu .. ss. New CEO Brian Niccol says that was a mistake.
[ Fri, Feb 21st 2025 ]: Zawya
Microsoft AI Tour showcases groundbreaking AI inn .. ons driving transformation and growth across Oman
[ Fri, Feb 21st 2025 ]: MSN
India's F&B on Ventilator: Archit Singhal's Eye-Opening Book Calls for Urgent Industry Reforms
[ Fri, Feb 21st 2025 ]: MSN
French business activity contracts much more than expected in February, PMI shows
[ Fri, Feb 21st 2025 ]: cnbctv18
Unsecured loans and digital risks: RBI and bank officials flag challenges
[ Fri, Feb 21st 2025 ]: Reuters
UK runs record January budget surplus but misses forecasts
[ Fri, Feb 21st 2025 ]: Bloomberg
Bessent Plans First Call With China Counterpart on Friday
[ Fri, Feb 21st 2025 ]: Forbes
The Future Of Wall Street And Enterprise: Fintech 50 2025
[ Fri, Feb 21st 2025 ]: Outlookindia
For Banking Technologist Girish Wali, The Real-Wo .. n Of AI Is A Necessity For The Present And Future
[ Fri, Feb 21st 2025 ]: MSN
Can You Cash a Check at an ATM?
[ Fri, Feb 21st 2025 ]: Yahoo
'Unrestrained': Trump pushes business interests in 2nd term
[ Fri, Feb 21st 2025 ]: MSN
Cut deficit, create bold budget moves - Paul Chan's mission impossible?
[ Fri, Feb 21st 2025 ]: Reuters
StanChart reports 18% rise in annual profit, roughly in line with estimates
Thu, February 20, 2025
[ Thu, Feb 20th 2025 ]: Yahoo
Beshear: Weather death toll rises to 15, search-and-rescue phase ending
[ Thu, Feb 20th 2025 ]: 7NEWS
INSIDE MEDIA: Neighbours axed again and exposing the secret MAFS contract contestants have to sign
[ Thu, Feb 20th 2025 ]: CNBC
CNBC Daily Open: Alibaba surges and Amazon beats Walmart
[ Thu, Feb 20th 2025 ]: cfodive
GM tariff playbook includes international inventory cuts, CFO says
[ Thu, Feb 20th 2025 ]: Wired
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
[ Thu, Feb 20th 2025 ]: Oregonian
Oregon will issue loans to help build middle-income homes
[ Thu, Feb 20th 2025 ]: GOBankingRates
10 Industries With Remote Jobs That Pay $100K or More in 2025
[ Thu, Feb 20th 2025 ]: ABC
Tesla's law firm helps draft legislation that som .. experts say could restore Musk's $55B pay package
[ Thu, Feb 20th 2025 ]: Reuters
Australia's ANZ's impaired assets rise in the first quarter, shares fall
[ Thu, Feb 20th 2025 ]: Reuters
Canada's Cenovus Energy quarterly profit falls on weak oil prices
[ Thu, Feb 20th 2025 ]: Fortune
Companies that ax their DEI programs now could de .. ation for years to come, according to a new study
[ Thu, Feb 20th 2025 ]: Reuters
Norinchukin sees $12.6 billion loss in 2024 financial year, CEO resigns
[ Thu, Feb 20th 2025 ]: Fortune
CEOs unhappy with Trump on Ukraine
[ Thu, Feb 20th 2025 ]: Fortune
Sin City showdown: Capital One's Las Vegas airport lounge ups the ante
[ Thu, Feb 20th 2025 ]: MSN
Senegal's Debt and Deficit: A Harsh Economic Reality [Business Africa]
[ Thu, Feb 20th 2025 ]: ProPakistani
Aurangzeb Engages with Pakistan Dairy Association, Challenges and Policy Measures Discussed
[ Thu, Feb 20th 2025 ]: MSN
5 Ways the Wealthy Like Warren Buffett View Money Differently Than the Middle Class
[ Thu, Feb 20th 2025 ]: Upstream
Cenovus hits new Canada oil sands production record
[ Thu, Feb 20th 2025 ]: inc42
How Stockwiz Is Leveraging AI To Democratise F&O Trading For Retail Investors
[ Thu, Feb 20th 2025 ]: Forbes
The Public Markets Test: Why Going Public Still Matters In The Age Of Mega-Privates
[ Thu, Feb 20th 2025 ]: Forbes
How To Build Resilience Into Your Business, Finances
[ Thu, Feb 20th 2025 ]: MSN
CNBC's Inside India newsletter: How natural gas could help solve the India-U.S. trade dispute
[ Thu, Feb 20th 2025 ]: MSN
These 2 Tech Giants Just Declared Dividend Raises
[ Thu, Feb 20th 2025 ]: Tempo
Master These 10 High-Income Skills in 2025 and Secure Your Future
[ Thu, Feb 20th 2025 ]: Forbes
4 Predictions For The Future Of AI In Estate Planning

IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say

The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency's plan to go after high-wealth tax dodgers and could spell disaster for revenue collections,
The IRS is facing potential layoffs due to budget constraints, which could significantly impact its ability to collect revenue and pursue tax evasion among wealthy individuals. According to experts cited in the article, these layoffs might lead to a reduction in enforcement activities, particularly those aimed at high-income tax dodgers. The IRS has been attempting to enhance its enforcement capabilities with funds from the Inflation Reduction Act, but with the looming threat of reduced funding, the agency's efforts could be undermined. This situation arises as the IRS has already started to see some success in increasing audits on the rich, but the potential staff cuts could reverse these gains, ultimately affecting the government's revenue collection and the fairness of the tax system.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/irs-layoffs-could-hurt-revenue-collection-and-foil-efforts-to-go-after-rich-tax-dodgers-experts-say/ar-AA1ztH8X ]