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IRS commissioner to quit
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
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.
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,
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
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,
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.
Hosted on MSN
1h
January 27: IRS Important Date in 2025
The IRS has announced January 27 as the official start of the 2024 tax filing season, introducing new tools to streamline the ...
3d
on MSN
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 ...
Accounting Today
1h
IRS revises guidance on residential clean energy credits
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
Hosted on MSN
3h
IRS offers vital tax relief to victims of Southern California wildfires
In a significant move to alleviate financial stress, the IRS has announced tax relief measures for individuals and businesses ...
4h
on 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 ...
2d
on MSN
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.
2d
on MSN
Trump announces new External Revenue Service to collect foreign money
President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue ...
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