Key Points ・The 2026 tax filing season may not open until mid-February, later than the usual late-January start. ・Federal tax law changes, combined with staffing reductions and the recent government shutdown,

Due to the government shutdown—now in its third week—IRS operations are limited. Despite the need to prepare for the upcoming tax filing season—with new tax laws like no tax on tips in place—the IRS has furloughed about half of its employees.

If you’re wondering how a government shutdown might impact your tax return, here are the answers you need. A government shutdown can create uncertainty, especially if you filed a tax extension for tax year 2024. If you’re wondering how it might impact ...

Former IRS acting commissioner Doug O'Donnell, who is now a senior managing director of KPMG's Washington national tax practice, discussed the possibilities during a LinkedIn Live session on Thursday afternoon moderated by Brittany Hardin Tanguay, a senior manager in KPMG's Washington national tax practice. O'Donnell retired from the IRS in February amid a wave of staffing cuts and disputes ...