No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 5, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Financial Planning

Tax pro coalition urges Treasury to stabilize IRS amid layoffs

by TheAdviserMagazine
4 months ago
in Financial Planning
Reading Time: 2 mins read
A A
Tax pro coalition urges Treasury to stabilize IRS amid layoffs
Share on FacebookShare on TwitterShare on LInkedIn



A group of tax organizations, including the National Association of Tax Professionals, the National Association of Enrolled Agents, the National Society of Accountants and the National Society of Tax Professionals, has written a letter to Treasury Secretary Scott Bessent urging him to preserve the core tax functions relied on by tax professionals despite cutbacks at the Internal Revenue Service.

In the letter, the groups voiced their concern over reports that over 11,400 IRS employees have left since February, including over 7,000 probationary terminations and 4,000 resignations under the Deferred Resignation Program. These departures amount to approximately 11% of the agency’s workforce and risk disrupting the delivery of vital services. Further cuts are expected later this year and next year as well, although in some cases the IRS has reinstated employees who were terminated amid conflicting court decisions and the demands for tax processing.

“The organizations joining this letter share a deep concern that the recent and ongoing workforce reductions at the IRS will inevitably affect the timely guidance, operational continuity, and practitioner support that the tax system depends on,” said NATP CEO Scott Artman in a statement. “While the full impact may not yet be felt in every area, we know from experience that gaps in communication and support can quickly become burdensome during periods of legislative change and complex filing seasons.” 

The coalition recommended the IRS ensure consistent, timely tax guidance and maintain clear, accessible communication channels for tax professionals, including up-to-date instructions, alerts and procedural tools. It also urged the IRS to accelerate its modernization efforts by investing in digital infrastructure, such as secure portals and automation, to sustain service levels as staffing shifts. The groups also asked the IRS to strengthen its engagement with the tax professional community by formalizing channels for practitioner input and helping the IRS align field implementation with policy objectives. The NATP and the rest of the members of the coalition are asking Bessent for continued collaboration between the IRS and the tax pro community to ensure stable, effective taxpayer service during the transition period.



Source link

Tags: CoalitionIRSlayoffsProstabilizetaxTreasuryurges
ShareTweetShare
Previous Post

General Mills (GIS) all set to report Q4 results. Here’s what to expect

Next Post

The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect

Related Posts

edit post
Our Favorite Zucchini Bread Recipe

Our Favorite Zucchini Bread Recipe

by TheAdviserMagazine
October 4, 2025
0

Got extra zucchini? This easy zucchini bread recipe is the perfect way to use it up! Moist, lightly-spiced, and made...

edit post
Kate Spade Monica Small Crossbody only  shipped (Reg. 9!)

Kate Spade Monica Small Crossbody only $59 shipped (Reg. $279!)

by TheAdviserMagazine
October 4, 2025
0

This is a great deal on this Kate Spade Monica Small Crossbody! Kate Spade Outlet has this Monica Small Crossbody...

edit post
Shop Your Way Mastercard to be Discontinued

Shop Your Way Mastercard to be Discontinued

by TheAdviserMagazine
October 4, 2025
0

Starting Nov. 3, 2025, the card will be rebranded, and existing holders will be sent a different Citi-issued Mastercard with...

edit post
High earners will lose pre-tax 401(k) catch-ups in 2026

High earners will lose pre-tax 401(k) catch-ups in 2026

by TheAdviserMagazine
October 3, 2025
0

A major 401(k) tax break is about to disappear for some of America's most diligent retirement savers. Beginning in 2026,...

edit post
*HOT* Extra 50% off Gap Factory Clearance + Free Shipping = Prices from .99 shipped!

*HOT* Extra 50% off Gap Factory Clearance + Free Shipping = Prices from $3.99 shipped!

by TheAdviserMagazine
October 3, 2025
0

Wow! Don’t miss this hot deals at Gap Factory! Gap Factory is offering an extra 50% clearance items automatically at...

edit post
Vanguard to lose competitive edge on dual share class structure

Vanguard to lose competitive edge on dual share class structure

by TheAdviserMagazine
October 3, 2025
0

For more than two decades, U.S. money managers have looked on enviously as Vanguard reaped the benefits of a unique...

Next Post
edit post
The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect

The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect

edit post
Renewing your mortgage? A guide for Canadians

Renewing your mortgage? A guide for Canadians

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Firefly Aerospace strengthens portfolio with 5 million deal for national security tech firm SciTec

Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec

0
edit post
Gazans long for end to war, Rubio says not yet

Gazans long for end to war, Rubio says not yet

0
edit post
Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

0
edit post
Championing Teachers in High-Conflict Contexts

Championing Teachers in High-Conflict Contexts

0
edit post
Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

0
edit post
Vitamins vs. Technocracy: Lessons from MK-7

Vitamins vs. Technocracy: Lessons from MK-7

0
edit post
Firefly Aerospace strengthens portfolio with 5 million deal for national security tech firm SciTec

Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec

October 5, 2025
edit post
Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

October 5, 2025
edit post
When Privacy Becomes a Caregiver Issue: What Boomers Need to Know Now

When Privacy Becomes a Caregiver Issue: What Boomers Need to Know Now

October 5, 2025
edit post
I went to a day trading meetup and spoke to people with dreams of getting good enough to quit their 9-to-5

I went to a day trading meetup and spoke to people with dreams of getting good enough to quit their 9-to-5

October 5, 2025
edit post
OpenAI and Jony Ive may be struggling to figure out their AI device

OpenAI and Jony Ive may be struggling to figure out their AI device

October 5, 2025
edit post
Layoffs will start if shutdown talks ‘going nowhere’, says White House

Layoffs will start if shutdown talks ‘going nowhere’, says White House

October 5, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec
  • Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’
  • When Privacy Becomes a Caregiver Issue: What Boomers Need to Know Now
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.