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The Latest Breaking News from IRS

DOGE's Cost-Cutting Efforts Could Cost US Taxpayers Big Time: Report

DOGE's cost-cutting efforts under Elon Musk may end up costing U.S. taxpayers billions, experts warn.

Latin Times

Trump-appointed lawyer threatens to revoke Wikipedia's non-profit status, putting the online encyclopedia in jeopardy

Is Wikipedia spreading propaganda? Don't ask Ed Martin

PC Gamer

DOGE’s mass federal workforce cuts may cost taxpayers $135 billion this fiscal year alone

Elon Musk’s efforts to slash federal spending are costing the government in lost productivity and tax revenue, workforce and policy experts claim.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Chaos unleashed by Musk’s Doge is starting to wane – what does that mean?

Tech billionaire plans to hang up the chainsaw as he steps away from ‘efficiency’ role amid Tesla sales slump

The Guardian - US

Musk Called Treasury Secretary Bessent a 'Soros Agent' During White House Clash

Billionaire Elon Musk called Treasury Secretary Scott Bessent a "Soros agent" as the two fought in the White House

Latin Times

Elon Musk and Scott Bessent had a ‘very loud’ shouting match in the West Wing: ‘two billionaire, middle-aged men thinking it was WWE’

The two billionaires have a testy relationship dating back to the post-election transition period

The Independent UK

Musk Reportedly Engaged In New Shouting Match With Top Trump Cabinet Member: 'It Was Quite a Scene'

Elon Musk reportedly engaged in a loud confrontation with Treasury Secretary Scott Bessent in the White House, Axios reported

Latin Times

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This could be the last year you filed your taxes for free

Trump administration officials hinted at cancelling IRS Direct File program

The Independent UK

Kendal Ludden, CPA, Esq. Launches '1913 The Death of US' to Reignite Constitution Literacy & Entrepreneurial Spirit

Named after the pivotal year when the 16th Amendment, 17th Amendment, and the Federal Reserve Act were enacted, creating the modern income tax system, shifting Senatorial elections, and founding the IRS, this nonprofit organization is Kendal's bold response to what he calls 'the systematic erosion of liberty.'

International Business Times

DOGE gets permission to access sensitive Justice Department immigration data

DOGE reportedly using agency data to construct master system to track and surveil immigrants

The Independent UK

Missed Tax Day? Nearly One Million Taxpayers Still Can File and Claim Valuable Tax Refunds

As many as one million taxpayers could be missing out on a significant tax refund.

Kiplinger

This Midwestern city has long been a federal hub. The pain from DOGE’s cuts is everywhere

The Kansas City, Missouri, metropolitan area has long been a regional hub for the federal government, and the pain from the Trump administration's cuts can be seen everywhere

The Independent UK

DOGE's cuts may encourage tax cheats

New IRS numbers show fewer people are filing their taxes after DOGE took an ax to the agency's workforce

Salon

‘This is an administration priding itself on revenge’: Ex-IRS head sounds alarm over Trump’s weaponization of agency

‘We start moving back toward the Nixon’s enemies list,’ former IRS commissioner John Koskinen warned

The Independent UK

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Reason

Can Harvard Lose Tax Exemption for "Pushing Political, Ideological, and Terrorist Inspired/Supporting 'Sickness'"?

Just as the government can't generally deny tax exemptions to groups that engage in supposed "hate speech," so it may not deny tax exemptions to universities that promote or tolerate ideological agendas that the government disapproves of.

Latin Times

Musk-Appointed IRS Leader Doesn't Last a Week After Treasury Secretary Claims He Was Instated Without His Approval: Report

The IRS went through another leadership shuffle on Friday with Trump replacing Musk-appointed acting commissioner Gary Shapley after just a few days on the job.

The Guardian - US

What would it mean for Trump to revoke Harvard’s tax-exempt status?

After cutting off $2.26bn in funding, the US president reportedly gave the IRS a potentially illegal order

Fortune

The IRS interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back

Gary Shapley was named the new agency leader on Tuesday.

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news in one place.

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Kiplinger

Ask the Editor: Reader Questions, April 18 — Amended Returns

In our Ask the Editor: Taxes, April 18, round-up — Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on amended returns, mortgages and deductions.

The Guardian - US

Trump news at a glance: president takes aim at Harvard, threatening tax-exempt status

The IRS is reportedly planning to revoke Harvard’s tax exemption, a move that would cost the university millions – key US politics stories from Thursday 17 April at a glance

Reason

Trump Threatens Harvard's Tax-Exempt Status

Apparently freezing $2 billion in federal funding wasn't enough.

The Independent UK

Can the IRS revoke Harvard's tax-exempt status?

For years, President Donald Trump has complained that colleges and universities are “indoctrinating” their students with “radical left” ideas and has said they should lose their tax-exempt status

The Independent UK

Clips of Vance and Cruz saying they’d stop the IRS from political attacks resurface after Trump’s Harvard threat

Democrats attack GOP for hypocrisy over prospect of politicized government as president demands universities and law firm cave to right-wing agenda

The Guardian - US

IRS reportedly weighs revoking Harvard’s tax-exempt status

Probably illegal move against US’s richest university is latest in Trump’s attack on independence of higher education

Kiplinger

How Many IRS Commissioners Have We Gone Through This Year?

Who were the former IRS commissioners, and why did they resign? Find out how IRS turnover can impact your taxes.

1 … 70 71 72 73

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