News

The IRS continued layoffs, changed its acting commissioner, and ended its Direct File program as Tax Day arrived.
The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on ...
Since President Donald Trump took office, the Internal Revenue Service has churned through four acting leaders and spiraled ...
WASHINGTON—It’s Michael Faulkender’s turn in the hot seat atop the Internal Revenue Service, a notoriously hard D.C. job that ...
His voluntary dismissal of the case tells you everything you need to know about who was right and who was wrong,” ...
Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...
The Trump administration sanctioned three vessels and their owners for providing support to the Houthis – the Iranian ...
The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be ...
Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilizing attacks ...
Potential policy changes could offer opportunities for CFIUS filers in low-risk transactions while introducing added challenges for ...