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President Donald Trump and his co-president, Elon Musk, are planning to fire 6,000 employees at the Internal Revenue Service on Thursday, which tax experts say could delay Americans' tax return payments and lead the government to lose out on tax revenue. Richard Pon, a certified public accountant in San Francisco, told USA Today that firing thousands of IRS employees in the middle of filing season could cause tax return payment times to 'double, triple, or quadruple.' As it stands, the average time it takes to receive a return is 21 days for taxpayers who file electronically and six to eight weeks for those file by paper, so these firings could delay tax returns by months. |
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