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Trump signals new direction for IRS
What Trump’s plan to replace the current IRS chief could mean for the agency
President-elect Donald Trump has named Billy Long, a former Republican congressman from Missouri, to head the Internal Revenue Service, signaling plans to oust current Commissioner Danny Werfel before his term expires in 2027.
Trump’s pick for IRS chief would lead an agency he once wanted to scrap. Here’s how he might run it.
President-elect Donald Trump wants the Internal Revenue Service under new management, and experts say change is coming. The question is how deep it will go.
Trump signals new direction for IRS as he announces atypical plan to replace its leadership
The agency is mid-transformation thanks to an unprecedented cash infusion, but those efforts are now in doubt.
10h
IRS Commissioner Talks Tenure And The Future Of Tax
In this episode of Tax Notes Talk, IRS Commissioner Daniel Werfel discusses his tenure and the agency’s future with major Tax ...
CNET on MSN
8h
IRS Increases 2025 Tax Brackets: Will You Get More Money in Your Paycheck Next Year?
If you make more in 2025 than you did in 2024, the amount your pay has increased will determine where you fall. You could ...
Hosted on MSN
10h
Trump appoints Billy Long for commissioner of the Internal Revenue Service
President-elect Donald Trump asked a former southwest Missouri congressman to collect the nation's taxes.Trump appointed ...
JD Supra
3d
Treasury Department and IRS Issue Final Regulations on the Advanced Manufacturing Production Credit Under Section 45X of the Internal Revenue Code
Under the final regulations, taxpayers are permitted to produce eligible components using recycled materials. Components which ...
Accounting Today
11h
IRS calls for new ETAAC members
The Electronic Tax Administration Advisory Committee is a forum for issues in electronic tax administration, such as ID theft ...
2d
on MSN
What Trump’s plan to end IRS ‘overstepping’ could mean for audits of rich people — and call hold times for everyone else
The Biden administration tried turbocharging the Internal Revenue Service’s tax-collection capabilities with billions in ...
Government Executive
2d
New IRS funding boosted tax enforcement and improved taxpayer services during the Biden administration
This boost in tax revenue occurred because of the Inflation Reduction Act, which President Joe Biden signed into law in 2022.
Hoodline
3d
IRS Recovers $1.3 Billion in Unpaid Taxes from Wealthy Evasion, Bolstered by Inflation Reduction Act
The IRS has recovered $1.3 billion in unpaid taxes from wealthy Americans, bolstered by the 2022 Inflation Reduction Act.
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