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IRS, Internal Revenue Service building

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

Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after high-wealth tax dodgers and could spell disaster for revenue collections.

Fortune on MSN · 13h

IRS layoffs of 7,000 may cut revenue collection and foil efforts to snag rich tax dodgers, experts say

The majority of employees shown the door at the federal tax collector are newly hired workers focused on compliance.

Live Mint on MSN · 2d

IRS Tax Return: Will IRS layoffs delay refund, affect revenue collection?

Tax refunds may be delayed due to IRS staffing cuts, prompting experts to urge early filing. Meanwhile, layoffs of 7,000 IRS workers could weaken tax enforcement, with a Congressional Budget Office report warning that funding cuts may significantly reduce federal revenue and increase the deficit.

Congestion pricing's 1st month on job

Crain's New York · 19h

MTA speeds up borrowing against congestion pricing revenue

Congestion pricing got off to a better than anticipated start, bringing in $48.6 million in its first month, and now transit officials are speeding up plans to borrow against the toll revenue to fund mass transit upgrades as the Trump administration attempts to kill the program.

The New York Times · 1d

Congestion Pricing Reduced Traffic. Now It’s Hitting Revenue Goals.

Revenue figures from the Manhattan tolling plan showed that the program is on track to raise billions for mass transit repairs.

NBC New York on MSN · 21h

Congestion pricing's first month on the job: MTA rakes in millions

As New York City barrels toward the end of two months of congestion pricing, and the president’s looming threat to close the toll program, the MTA has shared receipts of the first month of revenue. According to the transit agency,

tbsnews11h

NBR's revenue growth gains momentum amid economic recovery

Revenue collection saw the highest growth in January among the first seven months of the 2024-25 fiscal year, with a 7% increase ...

Dallas Morning News4d

IRS layoffs of 7,000 workers could hurt revenue collection, foil enforcement, experts say

FILE - The sign outside the Internal Revenue Service building is seen ... wealth tax dodgers and could spell disaster for revenue collections, experts say. The majority of employees shown the ...

Daily News1d

TRA exceeds revenue collection target in region

KILIMANJARO: THE Tanzania Revenue Authority (TRA) in Kilimanjaro Region has collected 194bn/- between July 2024 and January ...

My Republica on MSN11d

Revenue collection falls below 50% of revised target in seven months

Although the government revised revenue collection target through the mid-term review, it still seems to have failed in its goal as the amount realized stood less than 50 percent of the targeted ...

The Citizen4d

Revenue collections driven by consumption and two-pot withdrawals

Sars Commissioner Edward Kieswetter said during a media briefing in Cape Town with National Treasury ahead of the planned ...

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