Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...

By Joseph Ax (Reuters) -Hours after swearing an oath to defend the U.S. Constitution on January 20, President Donald Trump ...

President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full ...

How do we know that the president’s claims about tariff revenue are false? Because of the evidence provided by his own ...

Inherited IRAs offer financial opportunities to beneficiaries but you must understand the 10-year rule to optimize your ...

Thousands of workers are leaving the IRS through deferred resignations. The big staff reductions might lead to decreased ...

Since the post-Nixon era, the Internal Revenue Service has had a degree of independence from the White House. President Trump ...

Treasury Secretary Scott Bessent complained to President Trump that the acting commissioner had been installed without his ...

Former US Treasury Secretary Lawrence Summers says the Trump administration's downsizing of the Internal Revenue Service will ...

The I.R.S. had about 100,000 employees before President Trump took office. Between resignations and layoffs, the I.R.S. is on ...

The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented ...