News

IRS contractor leaked tax details of more than 405K Americans — but it wasn't during Biden's presidency
Former U.S. President Joe Biden’s Internal Revenue Service (IRS) leaked the taxpayer data of more than 405,000 Americans. The ...
Amid Trump-imposed chaos, IRS loses its fourth commissioner in three months
NBC News has confirmed the fact that Shapley has been ousted. The Times’ report added that the next acting IRS chief is ...
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, ...
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.
Head of IRS Is Ousted Amid Treasury’s Power Struggle With Elon Musk
The president had picked Gary Shapley on Tuesday to run the agency after the previous IRS interim head, Melanie Krause, ...
Big exodus of IRS employees underway as tax season hits full swing
Thousands of workers are leaving the IRS through deferred resignations. The big staff reductions might lead to decreased ...
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 ...
IRS Filing Season Statistics Confirm 2025 Tax Filings Trail 2024 Numbers
The number of tax returns received dipped again, a trend that hasn’t changed since the season opened on January 27, 2025.
The IRS interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back
The acting commissioner of the IRS was fired Friday after Treasury Secretary Scott Bessent reportedly complained to President ...