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President Donald Trump is replacing the fourth IRS chief this year amid complaints by Treasury Secretary Scott Bessent that he was not consulted on the appointment after Elon Musk recommended the ...
The Trump administration asked the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status on Wednesday, a day after President Trump suggested the idea. Andrew De Mello ...
While American taxpayers are familiar with the annual rigmarole of filing their federal taxes and realizing just how much of their hard-earned money Uncle Sam is taking away, several House ...
“Trust must be brought back to the IRS, and I am fully confident that @TreasuryDepSec Michael Faulkender is the right man for the moment,” Bessent said in a statement on X Friday afternoon.
WASHINGTON — The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people ...
A Trump administration appointee asked the IRS in March to review an audit of MyPillow CEO Mike Lindell, a close President Trump ally, according to The Washington Post, which cited two people ...
Shapley’s ouster from the top leadership role, which was first reported by The New York Times, ends a whiplash week at the IRS, which is a bureau of the Treasury Department. Trump signed the ...
The April 15 federal tax deadline has come and gone, but the IRS says you should still submit your tax return soon if you haven't already. Missed the Tax Day deadline? Here's what happens if you ...
In a thread on the social platform X, Summers warned of the broader implications of using the IRS to target political opponents. “Any self-respecting Treasury Secretary would resign rather have ...
WASHINGTON—President Trump is replacing the acting IRS commissioner that he appointed just three days earlier, according to people familiar with the matter, making a sudden shift that continues ...
The Trump administration plans to end the IRS Direct File program, the e-filing system that allowed taxpayers to file returns directly to the agency for free, according to media reports.
Not even close. Earlier in April, I co-authored a new policy study for The Heartland Institute examining the latest IRS personal income tax data. Our goal was to determine if the Republican tax ...
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