The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago.
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.
Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says ...
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day ...
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up ...
Danny Werfel, Biden’s pick to transform the tax agency, planned to exit after Trump announced intent to replace him.
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
President Biden nominated Werfel in 2022 after Trump’s choice to lead IRS, former Commissioner Charles Rettig, saw his term ...
Direct File, the IRS’ free tax filing program, has expanded to 25 states for 2025. But the program’s future remains uncertain ...
The final regulations, which include 24 exceptions to consideration of federal tax controversies by the Independent Office of Appeals, generally follow the proposed regulations issued in October 2022.