News

The return of President Trump, and his aggressive campaign to remake the government, has particularly roiled the sober tax ...
Elon Musk and Treasury Secretary Scott Bessent reportedly had an intense shouting match in the White House after clashing ...
Thousands of workers are leaving the IRS through deferred resignations. The big staff reductions might lead to decreased ...
The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related ...
A Treasury Department official wrote to the I.R.S. that Mike Lindell, the pillow entrepreneur, was “concerned he may have ...
Former Treasury Secretary Larry Summers said on Thursday that Treasury Secretary Scott Bessent should resign before he ...
President Donald Trump just implemented the biggest change yet at the Internal Revenue Service (IRS). That last approval was ...
Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue Service, along with other changes, are likely to incentivize reduced tax-payment ...
The recommendation comes the same day that Homeland Security Secretary Kristi Noem announced her department was canceling ...
Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...
The IRS's Reduction in Force plan states the agency could go from 102,000 employees to a target of 60,000 to 70,000, ...