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Trump, IRS
IRS commissioner to resign as Trump eyes replacement
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
IRS Commissioner Daniel Werfel says he’ll step down on Trump’s Inauguration Day
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
IRS Commissioner to Quit as Trump Takes Office, WSJ Reports
IRS Commissioner Danny Werfel testifies before House Committee on Ways and Means on "Accountability and Transparency at the Internal Revenue Service" on Capitol Hill in Washington, U.S., April 27, 2023.
IRS chief to step down upon Trump's inauguration, well before his term expires
IRS Commissioner Danny Werfel told staff his early departure would be the best thing for the agency given that Trump has already announced his intention to install a replacement. Werfel could have stayed in the role and forced Trump to fire him,
Trump, Revenue Service
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.
Could Donald Trump's 'External Revenue Service' Work? Analysts Respond
President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from other countries when he takes power next week. Newsweek has contacted the Trump transition team for comment via email.
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
10h
on MSN
IRS to auction a 1.7-acre property in Youngsville. Here's how you can bid on the property
The Internal Revenue Service announced it will conduct a public sale of a residential property on 1.717 acres in Youngsville.
1h
on MSN
Owner of restaurants in Mass., NH sentenced to prison for multi-million dollar tax fraud scheme
The owner of three restaurants paid “under-the-table” wages of $1,496,417 to multiple employees and pocketed the state and ...
JD Supra
5h
Treasury Department and IRS Release Final Regulations for Section 45V Clean Hydrogen Production Tax Credit
On January 3, 2025, the Treasury Department and the Internal Revenue Service issued final regulations under Internal Revenue ...
1h
on MSN
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
Bowling Green WBKO on MSN
17h
Tax filing season begins on Jan. 27
On Monday, Jan. 27, Kentuckians can start filing their taxes and returns will be processed on the same day. The Internal ...
Accounting Today
1d
IRS offers guidance on family and medical leave programs
The IRS released guidance on the income and employment tax treatment of contributions and benefits offered under state paid family and medical leave programs.
1d
on MSN
House Republican introduces bill to redirect funds employing IRS auditors to instead hire more border agents
N.Y., introduced a bill to reallocate funds from Internal Revenue Service (IRS) enforcement to hiring U.S. Customs and Border ...
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