News

With Harvard Threat, Trump Tries to Bend the I.R.S. to His Will
Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump ...
Big exodus of IRS employees underway as tax season hits full swing
Thousands of workers are leaving the IRS through deferred resignations. The big staff reductions might lead to decreased ...
US Treasury's Bessent ousts IRS acting chief, names deputy to temporary role
U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...
Trump wants to 'abolish' the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...
AlterNet on MSN5h
'Tax cheat' Donald Trump ripped by Dem Senator after IRS refuses to close loophole
The Trump administration quietly announced Thursday that it is abandoning a Biden-era effort to close a loophole that allows ...
Trump could test boundaries of law with crackdown on left-wing tax-exempt groups
President Donald Trump is weighing a crackdown on the tax-exempt status of left-wing groups, an exercise of executive power that would test his authority under the law. Trump has directed the Internal ...
Benzinga on MSN10h
IRS Delivers Massive Blow to Migrants
Federal agencies have worked on a proposal to use IRS tax records to locate undocumented immigrants with final deportation ...
Internal Revenue Service agrees to send immigrant tax data to ICE for enforcement
The Internal Revenue Service has agreed to share immigrants' tax data with Immigration and Customs Enforcement for the ...
Donald Trump administration asks Internal Revenue Service to strip Harvard of tax-exempt status over campus antisemitism
The Trump administration formally requested the IRS to revoke Harvard University's tax-exempt status, alleging a failure to ...
Tribune Online on MSN2d
Illegal revenue collections have no place in Kogi — Official
Kogi State Internal Revenue Service (KGIRS) has again warned illegal revenue collectors in the state to desist from the unconstitutional act to avoid facing the full wrath of the law.The Executive ...
IRS could cut up to 40% of workforce, memo indicates
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, ...