Skipping Your Tax Return due to IRS cutbacks? Think again. As the IRS faces budget cuts and layoffs, some taxpayers believe they can avoid filing this season. However, penalties for not filing can be severe, with fines reaching up to 25% of unpaid taxes. Experts warn that ignoring tax obligations can lead to hefty financial consequences. While political debates continue about abolishing the IRS, enforcement remains strong. Filing on time, even if you can’t pay, is the safest option. Don’t let IRS uncertainty put you at risk—know the facts and protect your finances.