Trump orders IRS to stop sending, taking checks. What Arizona taxpayers can expect
The IRS no longer will issue paper checks or take payments by check under an order from President Trump. The aim is to boost ...
The Latest At The IRS: Personnel Changes, More Staff Reductions
In this episode of Tax Notes Talk, Tax Notes IRS reporter Benjamin Valdez provides an update on the IRS’s recent staffing developments and how they may affect filing season.
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
An expected 10% revenue decline is due to changes in taxpayer behavior and President Donald Trump's cuts to the IRS, ...
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Trump demands that the Treasury Department ‘modernize and centralize’ its payment system
President Donald Trump on Tuesday signed two executive actions forcing the Treasury Department to move fast on modernizing ...
Alarming IRS Forecast Reveals a $500B Collapse in Revenue, Threatening US Financial Stability
US Internal Revenue Service (IRS) collections account for 95% of annual federal revenue. However, collections this year could ...
IRS agents who investigated Hunter Biden given promotions at the Treasury Department
WASHINGTON (AP) — Two IRS whistleblowers who testified publicly about investigations into Hunter Biden's taxes have been ...
Treasury Promotes I.R.S. Agents Who Say Hunter Biden Tax Case Was Stymied
The I.R.S. officials accused the Justice Department of holding back on the Hunter Biden case, an allegation that prosecutors ...
What does the potential IRS-ICE agreement mean for undocumented immigrants?
An agreement between the United States Internal Revenue Service and the Immigration and Customs Enforcement is closer to ...
DOGE Cuts Update Today: Treasury Plans 'Substantial' Layoffs
The Treasury is finalizing plans in response to an executive order signed by President Donald Trump, per a department official.
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Treasury Department Releases Final Regulations Applicable to the Hydrogen Tax Credits
On January 3, 2025, the US Department of the Treasury released final Treasury regulations applicable to the hydrogen production tax credit ...
U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...
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IRS agents who investigated Hunter Biden given promotions at the Treasury Department
WASHINGTON (AP) — Two IRS whistleblowers who testified publicly about investigations into Hunter Biden’s taxes have been promoted to new roles as senior advisers at the Treasury Department.