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Trump’s Newest IRS Chief Tries to Steer a Leaner Agency Through Turmoil
WASHINGTON—It’s Michael Faulkender’s turn in the hot seat atop the Internal Revenue Service, a notoriously hard D.C. job that ...
Self Employed on MSN3d
IRS issues update on tax refund timings
T he Internal Revenue Service (IRS) issues most tax refunds within 21 days for those who filed online and used direct deposit ...
The Associated Press on MSN9d
IRS in turmoil: Leadership changes, exits, and tax threats shake agency
The quick turnover in leadership and other changes are likely to dampen employee morale at the IRS and hurt the agency’s ...
Trump's 'attack' on the IRS could cost the government $1 trillion, former Treasury Secretary says
Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...
InvestmentNews10d
Summers warns of $1T revenue loss risk from Trump 'attack' on IRS
The former Treasury secretary envisions an avalanche of noncompliance as the federal tax agency weathers massive workforce ...
Marketplace8d
Fallout from IRS-ICE data sharing could cost the government billions
If more undocumented immigrants stop filing and begin working outside of the traditional payroll system, the annual gap ...
The Columbian9d
Former Treasury head Summers says Trump ‘attack’ on IRS risks $1 trillion revenue hit
FILE - The sign outside the Internal Revenue Service building is seen. May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File) Former Treasury Secretary Lawrence Summers said that the Trump ...
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 ...