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Trump, IRS and Commissioner
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 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 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
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.
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.
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.
23m
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 ...
JD Supra
3h
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 ...
6d
on 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 ...
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 ...
JD Supra
3m
2025 California Wildfire Tax Relief
The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...
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