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IRS Commissioner to Quit
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
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 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 Commissioner Daniel Werfel says he'll step down on Trump's Inauguration Day
IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on President-elect Donald Trump's Inauguration Day. “After significant introspection and consultation with others,
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, Internal 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.
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.
Trump says he'll create an 'external revenue service' on Day One to help collect tariffs and revenue from other countries
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
Accounting Today
1h
IRS revises guidance on residential clean energy credits
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
1d
on MSN
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 ...
JD Supra
7h
2025 California Wildfire Tax Relief
The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...
Accounting Today
3h
IRS to test faster dispute resolution
Easing restrictions, sharpening personal attention and clarifying denials are among the aims of three pilot programs at the Internal Revenue Service that will test changes to existing alternative ...
3d
on MSN
Trump announces new External Revenue Service to collect foreign money
President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue ...
JD Supra
10h
Treasury and IRS Release Final Regulations for Tech-Neutral Clean Electricity Production and Investment Tax Credits
On January 7, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released Final Regulations (the ...
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