The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on ...

Michael Faulkender, the fourth interim leader since January, promises modernization of the tax agency’s systems in two years.

Since President Donald Trump took office, the Internal Revenue Service has churned through four acting leaders and spiraled ...

His voluntary dismissal of the case tells you everything you need to know about who was right and who was wrong,” ...

Potential policy changes could offer opportunities for CFIUS filers in low-risk transactions while introducing added challenges for ...

The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be ...

The Trump administration sanctioned three vessels and their owners for providing support to the Houthis – the Iranian ...

Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...

Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilizing attacks ...

The quick turnover in leadership and other changes are likely to dampen employee morale at the IRS and hurt the agency’s ...

WASHINGTON—It’s Michael Faulkender’s turn in the hot seat atop the Internal Revenue Service, a notoriously hard D.C. job that has somehow gotten tougher. Faulkender, the deputy Treasury se ...