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With Harvard Threat, Trump Tries to Bend the I.R.S. to His Will
Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump ...
Stocktwits on MSN19h
Larry Summers Says Trump's 'Misguided' And 'Wanton' Attack On IRS Could Dent Tax Revenue
Economist Larry Summers does not like recent developments at the Internal Revenue Service (IRS), the federal agency responsible for collecting federal taxes. President Donald Trumpannounced last week ...
Former Treasury head Summers says Trump ‘attack’ on IRS risks $1 trillion revenue hit
Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue Service, along with other changes, are likely to incentivize reduced tax-payment ...
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 ...
N.C. Revenue offers penalty relief for hurricane victims after IRS extension
The N.C. Department of Revenue (NCDOR) will not assess (or will remove) specific late action penalties on selected state tax ...
CBS News8d
IRS could cut up to 40% of workforce, memo indicates
The IRS is planning to cut up to 40% of its workforce after Tuesday marked the official end of tax filing season, according to an internal memo ... the IRS to collect revenue and serve taxpayers ...
CNN8d
About 25% of IRS workers planning to take buyout offer
A staggering 25% of Internal Revenue Service employees are planning to take buyouts and resign, according to three sources with direct knowledge of the matter. The deadline for IRS employees to ...
Maddow Blog | Tariff revenue falls far short of Trump’s wildly inflated claims
Donald Trump has repeatedly claimed that the United States was collecting $2 billion per day from tariffs. Data from his own ...
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 ...
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 ...
SCOTUSblog2d
Commissioner of Internal Revenue v. Zuch
Issue: Whether a proceeding under 26 U.S.C. § 6330 for a pre-deprivation determination about a levy proposed by the Internal Revenue Service to collect unpaid taxes becomes moot when there is no ...
Tribune Online on MSN6d
Illegal revenue collections have no place in Kogi — Official
Kogi State Internal Revenue Service (KGIRS) has again warned illegal revenue collectors in the state to desist from the unconstitutional act to avoid facing the full wrath of the law.The Executive ...
Illegal Immigration Hunt Digs Into IRS and Social Security
Against fierce resistance, the Trump administration is enlisting the Internal Revenue Service and Social Security ...