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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 picks Republican opponent of the IRS to lead the IRS
In his first term, Donald Trump had a knack for choosing officials to lead agencies that the officials didn’t think should exist. Now, he's doing it again.
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 bids on former Congressman and auctioneer as IRS chief
Long previously worked as an auctioneer represented a district in Southwestern Missouri in Congress for 12 years.
Trump Picks Loyalist To Lead The IRS As GOP Eyes Tax Agency
The move effectively means Trump will fire the current IRS commissioner, Danny Werfel, who was appointed to a five-year term by President Joe Biden in 2022. He took over the agenc
Trump’s Plan to Turn the IRS Into a Grifter’s Paradise
Donald Trump is flooding the zone with so many terrible nominations that you may have missed that the president-elect recently picked former Rep. Billy Long of Missouri to be the next commissioner of the Internal Revenue Service.
1h
on MSN
Wealthy Americans are still ducking the IRS crackdown on non-filers
A quirk in federal tax law may be incentivizing wealthy people who want to avoid paying taxes to simply not file their ...
8h
He Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.
Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for ...
Hosted on MSN
4h
'Fox to guard the chicken coop': Writer says Trump's IRS will be a 'grifter’s paradise'
President-elect Donald Trump’s pick to lead the Internal Revenue Service would fit perfectly into his vision for the agency, ...
Accounting Today
15h
IRS catches $2B in tax fraud in 2024
The Internal Revenue Service's Criminal Investigation unit identified over $2.1 billion in tax fraud in fiscal year 2024, ...
13h
7 Saving and Retirement Rule Changes for 2025
The Internal Revenue Service or IRS changes perks and contribution limits for various tax-advantaged accounts based on annual ...
18h
on MSN
The IRS has recovered $1.3 billion from rich American tax dodgers since the fall of 2023 — relieving a painful burden from ‘ordinary citizens’
It involved some detective work, too, as the IRS received third-party information — much of it through W-2s and 1099s — that ...
Waste Dive
9h
Biogas investment tax credit finalized with favorable language for RNG
The final rule includes properties that convert biogas into renewable natural gas in a lucrative credit program designed to ...
1d
on MSN
6 Essential Tips to Navigate the Tax Code Like a Pro
To fill in the gaps, many secondary sources have been developed to help taxpayers make sense of the rules regarding their ...
1d
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 ...
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