The IRS National Taxpayer Advocate Erin Collins recently released a “Fiscal Year 2026 Objectives Report to Congress.” Although she described the 2025 filing season as “one of the most successful in recent memory,” she warned of potential risks the agency must prepare for in 2026. The risks stem from a 26% reduction in the IRS workforce and the prospect of “significant tax law changes on the horizon.” While most 2025 returns were processed as expected, over 13 million returns were suspended for review, resulting in delayed refunds. According to the report, many of these delays were linked to identity theft cases, an issue that has long plagued the IRS. Read the report: https://bit.ly/3Gfs8gH
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