The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation and not authorized to speak on the record.

The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts.

The ax man is coming for the tax man. According to new reports, the Internal Revenue Service, which ballooned during the administration of former President Joe Biden, is facing cuts that could reduce its workforce by up to 50 percent,