News

Team Trump reportedly contacted the IRS about a ‘high-profile friend of the president’
An administration official reportedly asked the IRS to review audits of “high profile” friends of the president, including ...
Can Trump or the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face ...
Trump administration plans to end the IRS Direct File program for free tax filing, AP sources say
The Treasury Dept. has not made a decision about the program's future, said an official who spoke anonymously.
IRS Tax Returns to Become More Expensive For Millions of Americans: Report
IRS staff were reportedly told in mid-March to stop working on Direct File's development for the 2026 tax filing season.
The New IRS Head Was Just Sworn In. He's Already Out Of The Job.
Gary Shapley was sworn in as acting commissioner of the Internal Revenue Service earlier this week. He's now been fired, the ...
The IRS had 3 different bosses during the week taxes were due
After another leadership shakeup at the IRS, Michael Faulkender on Friday became the fifth leader of the IRS since January.
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, ...
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 ...