NASE Shares Insights and Advice as DOGE Proposes IRS Cuts and Layoffs During Tax Season

NASE News

NASE Shares Insights and Advice as DOGE Proposes IRS Cuts and Layoffs During Tax Season

FOR IMMEDIATE RELEASE: March 4, 2025
CONTACT: Kristofer Eisenla, LUNA+EISENLA
[email protected] | 202-670-5747 (mobile)

Hall, a Certified Public Accountant (CPA), Weighs in on Current State of Tax Returns by the IRS

DALLAS, TX – With reports emerging that the Department of Government Efficiency (DOGE) initiatives, such as proposed layoffs and budget cuts, that could affect the IRS’s ability to process tax returns and issue refunds, Keith Hall, president and CEO of the National Association for the Self-Employed (NASE), the nation's leading advocate and resource for the self-employed and micro-businesses, today offered his insights and recommendations for filing 2024 tax returns.

“Regardless of the situation in Washington, the smartest move is to file your tax returns as soon as possible,” said Keith Hall, president and CEO of the National Association for the Self-Employed (NASE), the nation's leading advocate and resource for the self-employed and micro-businesses, and a tax specialist  who is a Certified Public Accountant (CPA). “In addition to filing as early as possible, submit your returns electronically through the IRS online portal or with a tax professional to ensure accuracy and to expedite the process. The sooner you gather your documents and file your tax return, the sooner you can check it off your list and get it into the system for processing. Stay focused on filing your return rather than on any IRS developments.”

NASE released a 5-point filing checklist to help the American public and small business community to prepare, organize and file the most optimized, efficient tax return by the April 15th deadline. As part of this reminder, NASE highlights new and updated tax changes  to the tax code and strategies  for  filing beneficial returns while encouraging filers that now is the time to “get organized, review updates to the tax code, and file as soon as possible.”

Click here to review key updates, changes and reminders for this year’s tax season.

Hall was recently featured in a CBS News MoneyWatch story, offering his insights into why tax refunds are lower this year than last, suggesting “some small business owners are reporting receiving financial tax forms, such as dividend or brokerage account statements, later than in past years. That often leads businesses to hold off on filing with the IRS until they've gathered all their tax documents.”

KEY TIPS TO FILING BENEFICIAL RETURNS

  1.  Gather Your Documents Early – don’t wait until the last minute; now is the time to start making sure you have all your important tax filing documents.
  2. You’re Not Alone – stay connected; there are resources out there to help you from NASE.org, IRS.gov and SBA.gov and tax professionals.
  3. Educate Yourself About Changes to the Tax Code – believe it or not, there are changes and adjustments to the tax code year-to-year; make sure you find out what they are so you are prepared and can take advantage of them.
  4. Don’t Forget About Hidden or Overlooked Deductions – don’t leave anything on the table; make sure you are not missing any deductions that apply to you that can make the difference, such as mileage reimbursement, retirement contributions and the home office deduction.
To Speak with Keith Hall, a Certified Public Accountant and Small Business Expert, about this year’s tax season, please contact Kristofer Eisenla at [email protected]

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The National Association for the Self-Employed (NASE) is the nation's leading advocate and resource for the self-employed and micro-businesses, offering a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy.

The NASE NextBizThing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’s Ask the Experts for advice or the NASE Minute for small business support. To help new and existing business owners with the costs of business ownership, the NASE also offers a series of financial calculators for budgeting and financial analysis.

The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org

Courtesy of NASE.org
https://www.nase.org/about-us/Nase_News/2025/03/04/nase-shares-insights-and-advice-as-doge-proposes-irs-cuts-and-layoffs-during-tax-season