Today: 18 July 2026
Browse Category

Stock Market 6 February 2026

IRS tax refund delays warning: staffing crunch and paper-check phaseout collide in 2026 season

IRS tax refund delays warning: staffing crunch and paper-check phaseout collide in 2026 season

The U.S. Internal Revenue Service is headed into the 2026 filing season understaffed, with backlogs growing and hiring lagging in critical processing units, according to a Treasury watchdog memo. The IRS lost roughly 19,000 employees amid workforce cuts and was carrying about 2 million unfinished items in major return-processing inventories as of early December. It had hired just 50 of 2,200 approved new staff for a key processing role, the memo revealed. https://www.tigta.gov/sites/default/files/reports/2026-01/2026400002-Readiness-Memo.pdf
6 February 2026
Go toTop