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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.
8m
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 ...
7h
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 ...
17h
Bill offering wildfire survivors relief from taxes and fees passes Congress
After more than five years of waiting in some cases, wildfire survivors across the West will be relieved of paying federal ...
Accounting Today
13h
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, ...
17h
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 ...
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 ...
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 ...
9h
on MSN
IRS Issues Warning to High Income Non-Filers
The warning comes as the IRS continues its revamped pursuit of wealthy Americans who have not filed their tax returns since ...
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