News

AlterNet on MSN48m
'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 ...
Head of I.R.S. Is Ousted in Treasury’s Power Struggle With Elon Musk
Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...
US Treasury's Bessent names deputy as acting IRS chief
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 ...
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 ...
IRS to Lose Billions in Revenue If Migrants Stop Filing Taxes
The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented ...
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 ...
USA Today4d
Big exodus of IRS employees underway as tax season hits full swing
A Treasury Department spokesperson said Tuesday that the Internal Revenue Service grew from 79,431 employees to 102,309 under President Joe Biden and the agency has shrunk back to its pre-Biden ...