But that should come as no surprise. After all, the IRS is responsible for collecting what we owe the government.
During fiscal year 2024, the IRS collected more than $5 trillion in tax revenue.
But this year, Tax Day arrives amid upheaval at the agency. Just last week, the head of the IRS resigned – the third to do so since President Trump's inauguration. And his administration announced plans to lay off up to a quarter of the agency's workforce.
We discuss the latest at the IRS and the impact changes at the agency could have for the 2025 tax season.
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