Your Taxes and the Federal Shutdown: IRS Closing Explained

The IRS will maintain limited operations in the event the government shuts down Oct. 1, potentially creating further setbacks for taxpayers trying to resolve what they owe and limiting companies waiting for regulations.

About 60,000 of 90,000 IRS employees will be furloughed without pay, according to the agency’s plan released Thursday. The remaining one-third of the workforce will continue necessary work for the “safety of human life or protection of government property” and will be paid using funds from the Inflation Reduction Act, special compliance funding, and user fees.

It’s looking more likely Congress won’t be able to reach a ...