internal revenue service irs

IRS Commissioner to Quit

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.

The Washington Post on MSN · 5h

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.

Hosted on MSN · 4h

IRS commissioner to quit as Trump takes office, WSJ reports

US Internal Revenue Service Commissioner Danny Werfel said he would resign with nearly three years left in his term, The Wall Street Journal reported on Friday. "I had to recognize that the incoming team wanted to go in a new direction,

Government Executive · 5h

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,

federalnewsnetwork.com · 2h

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, Revenue Service

New York Post on MSN · 3d

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.

Hosted on MSN · 2d

Trump announces new External Revenue Service to collect foreign money

President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.

The Associated Press on MSN · 2d

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.

Hosted on MSN1h

January 27: IRS Important Date in 2025

The IRS has announced January 27 as the official start of the 2024 tax filing season, introducing new tools to streamline the ...

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 ...

Accounting Today1h

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.

Hosted on MSN2h

IRS offers vital tax relief to victims of Southern California wildfires

In a significant move to alleviate financial stress, the IRS has announced tax relief measures for individuals and businesses ...

3hon MSN

House Budget Republicans eye more than 200 spending cuts, tax changes for major bill

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

JD Supra6h

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 ...

2hon MSN

Owner of restaurants in Mass., NH sentenced to prison for multi-million dollar tax fraud scheme

The owner of three restaurants paid “under-the-table” wages of $1,496,417 to multiple employees and pocketed the state and ...

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