News

Trump to Replace Acting IRS Commissioner
The tax agency’s next leader is the fifth so far this year.
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, ...
Trump Replaces IRS Chief Three Days After Appointing Him
Chaos continued to reign supreme at the Internal Revenue Service after President Donald Trump ousted the agency's interim ...
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 ...
IRS decision on Harvard's tax-exempt status could come in days: Sources
The Internal Revenue Service is considering revoking Harvard University’s tax-exempt status and a decision could be made in ...
IRS Urges Millions to Check Tax Withholding Now
By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.
20,000 IRS employees interested in deferred resignation offer as tax deadline looms
The Trump administration has offered buyouts across the government in a bid to dramatically shrink the size of the federal ...
Trump is replacing the acting IRS commissioner
Gary Shapley, the acting commissioner of the Internal Revenue Service, is being replaced after Treasury Secretary Scott ...
IRS Issues Urgent Advise On How To Minimize Penalties For Missed Filings
Missing a tax filing deadline can lead to a failure to file penalty, which is usually five percent of the unpaid taxes for ...
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 ...