Trump pick Billy Long’s confirmation “signals open season for wealthy tax cheats,” said Americans for Tax Fairness. The Republican-controlled U.S. Senate voted Thursday to confirm scandal-plagued Billy Long to serve as head of the Internal Revenue Service, an agency that he sought to abolish during his tenure in Congress. Every Republican senator voted in favor...
If the IRS cuts 50,000 employees, the agency’s diminished capacity would result in a loss of $395 billion over 10 years. The Trump administration’s plan to cut the workforce of the Internal Revenue Service in half and gut enforcement efforts could enable the richest people in the United States to evade an additional $30 million...
Acting IRS Commissioner Melanie Krause has decided to resign, though she will continue working for at least another month. She is now the 3rd leader of the agency to resign this year. Melanie Krause is the third leader of the agency to resign this year; Senate-confirmed Commissioner Danny Werfel resigned from his role on Inauguration...
Undocumented immigrants, who contribute nearly $100 billion in taxes each year and help fund benefits like Social Security and Medicare while remaining ineligible to receive them, are expected to soon lose the privacy afforded to them by a long-standing Internal Revenue Service policy as the IRS nears a deal with the Trump administration to help...