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Cuts in funding and staff mean the Internal Revenue Service will likely "do less with less," experts say.
8h ago -
The U.S. Department of Education plans to resume collecting defaulted student loans on May 5 after a years-long pause that began with the pandemic.
April 22 -
The university sued several U.S. agencies and top officials for freezing billions of dollars in federal funding and threatening its tax-exempt status.
April 22 -
Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, to lead the IRS, after Gary Shapley had been installed without Bessent's knowledge.
April 21 -
Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.
April 18 -
How honest will Americans be about their income when there are suddenly fewer auditors to check them?
April 15 -
The Internal Revenue Service is projected to lose more than $313 billion over a decade as undocumented workers are poised to pay fewer taxes.
April 11 -
President Trump's so-called reciprocal tariffs are dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
April 9 -
The rebate, which would be geared toward boosting U.S. manufacturers, would be issued at the end of the year to offset the effects of retaliatory tariffs.
April 8 -
The National Treasury Employees Union asked a judge for emergency relief to preserve collective bargaining rights in response to a Trump executive order.
April 4