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Trump, IRS and Commissioner

The Associated Press on MSN · 2h

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 Day.

The Washington Post on MSN · 3h

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 · 2h

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 · 3h

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,

Trump, Revenue Service

New York Post on MSN · 2d

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 · 21h

Could Donald Trump's 'External Revenue Service' Work? Analysts Respond

President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from other countries when he takes power next week. Newsweek has contacted the Trump transition team for comment via email.

The Associated Press on MSN · 1d

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.

1hon 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 ...

1hon 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 ...

1don MSN

Trump's 'External Revenue Service' will collect from importers not 'foreign sources'

President-elect Trump plans to create an External Revenue Service that would collect tariffs from U.S. importers, with ...

2025 California Wildfire Tax Relief

The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...

6don MSN

IRS says taxpayer service will suffer if Congress cuts modernization funds

The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that ...

3hon MSN

IRS Commissioner to Quit as Trump Takes Office

Danny Werfel, Biden’s pick to transform the tax agency, planned to exit after Trump announced intent to replace him.

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 ...

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