03/03/2025
BREAKING: President Trump Freezes Federal Hiring—IRS Expansion Halted!🔥
President Trump has officially signed an executive order implementing a 90-day federal hiring freeze, affecting nearly all agencies—including the IRS. While the Office of Personnel Management (OPM) can grant exceptions, the freeze remains in place as the Office of Management and Budget (OMB) crafts a plan to shrink the federal workforce.
But here’s the 🔑 detail: The freeze will lift for all agencies EXCEPT the IRS—until the Treasury Secretary and other officials decide otherwise. This move signals Trump’s plan to halt the IRS expansion that occurred under President Biden and prevent the hiring of thousands of new enforcement agents.
Additionally, the administration appears poised to curtail extra IRS enforcement funding designed to target high-income earners, given that the top 50% of earners pay 97.7% of all income taxes—a move welcomed by critics of Biden’s tax policies.
And in a major shake-up, 6,700 IRS probationary employees have been 🔥, most of them from the Small Business Audit Division. With Douglas O'Donnell stepping down as acting IRS Commissioner, Trump has nominated former Missouri Congressman Billy Long to take the helm—pending Senate confirmation.
This is a massive shift away from the aggressive IRS expansion under the previous administration. Wondering how these changes impact your taxes and financial strategy? Contact Axium Wealth today to ensure you’re prepared for what’s ahead!
