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The former Treasury secretary envisions an avalanche of noncompliance as the federal tax agency weathers massive workforce reductions and a string of walkouts in its leadership.
The lawmakers asked the Treasury Department and the IRS to respond to their demands to preserve Direct-File by May 5.
Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.
Turmoil continues to roil the highest ranks of the Internal Revenue Service, as the President has replaced the acting IRS Commissioner that ...
Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue ...
President Donald Trump just implemented the biggest change yet at the Internal Revenue Service (IRS). That last approval was ...
The IRS has become ground zero for some of the most heated political battles of President Donald Trump’s first 100 days in ...
Between Pete Hegseth's ongoing Signal chat scandals and crashing markets, Donald Trump's presidency is swiftly going off the ...
Treasury Secretary Scott Bessent wrote on X that Deputy Treasury Secretary Michael Faulkender would take over Gary Shapley’s ...
The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be ...
Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...