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President-elect Donald Trump, IRS
IRS commissioner to resign as Trump eyes replacement
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
IRS Commissioner Daniel Werfel says he’ll step down on Trump’s Inauguration Day
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
I.R.S. Commissioner to Quit as Trump Takes Office
Daniel Werfel, the commissioner of the Internal Revenue Service, told the agency’s employees that he would end his term early and step down on Monday as President-elect Donald J. Trump takes office. Mr.
IRS chief to step down upon Trump's inauguration, well before his term expires
IRS Commissioner Danny Werfel told staff his early departure would be the best thing for the agency given that Trump has already announced his intention to install a replacement. Werfel could have stayed in the role and forced Trump to fire him,
IRS commissioner to step down before his term ends, letting Trump advance his own pick
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.
Trump, Internal Revenue Service
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump says he'll create an 'external revenue service' on Day One to help collect tariffs and revenue from other countries
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
Accounting Today
3h
IRS revises guidance on residential clean energy credits
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
2h
Massachusetts roofer agrees to plead guilty to hiding $1.6 million in income from IRS
A Massachusetts roofer has agreed to plead guilty to hiding $1.6 million in income from the Internal Revenue Service, the U.S ...
10h
on MSN
IL Dept. of Revenue announces start of 2025 income tax season
With tax season approaching quickly, the Illinois Department of Revenue (IDOR) and the Internal Revenue Service (IRS) are ...
Accounting Today
2h
IRS to test faster dispute resolution
Easing restrictions, sharpening personal attention and clarifying denials are among the aims of three pilot programs at the Internal Revenue Service that will test changes to existing alternative ...
JD Supra
10h
2025 California Wildfire Tax Relief
The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...
Hosted on MSN
18h
When would the tax refund arrive in 2025?
The IRS has announced the start of the 2025 tax season, with important deadlines and tips to ensure you receive your tax ...
19h
on MSN
IRS to auction a 1.7-acre property in Youngsville. Here's how you can bid on the property
The Internal Revenue Service announced it will conduct a public sale of a residential property on 1.717 acres in Youngsville.
JD Supra
13h
Treasury and IRS Release Final Regulations for Tech-Neutral Clean Electricity Production and Investment Tax Credits
On January 7, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released Final Regulations (the ...
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