Amid irs cutbacks, experts warn that skipping tax return filings could lead to costly penalties. The irs has experienced a 5% decline in individual returns compared to last season.
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02/27/2025 12:00:00 AM
Business & Finance

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Fear 😨
Happiness 😊 - 10%
Anger 😡 - 50%
Surprise 😲 - 10%
Fear 😨 - 30%
Mentions in context
😨 Fear
An enrolled agent and owner of the youngblood group discussing tax return filing amidst irs cutbacks.
😊 Happiness
A Dallas-based tax firm run by josh youngblood.

😨 Fear
The U.S. Internal Revenue Service facing cutbacks that might lead taxpayers not to file returns.

😡 Anger
Referenced as the head of the Department of Government Efficiency amid irs cutbacks.

😡 Anger
Commerce Secretary discussing potential irs abolishment on Fox News.