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Tax revenue collected by the IRS set to drop by over 10%
The US government could collect significantly less in tax revenue this year, with officials at the Internal Revenue Service ...
NewsNation on MSN1d
Treasury planning to lay off ‘substantial number’ of employees
Treasury Department officials said Tuesday they are planning to lay off a “substantial number” of employees as outlined by ...
Treasury Promotes I.R.S. Agents Who Say Hunter Biden Tax Case Was Stymied
The I.R.S. officials accused the Justice Department of holding back on the Hunter Biden case, an allegation that prosecutors ...
Tax revenue collected by the IRS set to plummet, report says
IRS officials are expecting tax revenue to drop by more than 10% by April 15, the Washington Post reported. Officials said ...
Treasury Department to cut IRS taxpayer advocate staff
The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) — its third ...
Accounting Today9d
Treasury promotes IRS whistleblowers who probed Hunter Biden
The Treasury Department has named a pair of IRS agents as special advisors to Treasury Secretary Scott Bessent and plans key ...
IRS Anticipates Over $500B Revenue Shortfall, While Treasury Stares At Potential Cash Crunch Without Debt Ceiling Increase: Report
The Internal Revenue Service (IRS) is bracing for a substantial drop in revenue this spring amid payment evasion by ...
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
An expected 10% revenue decline is due to changes in taxpayer behavior and President Donald Trump's cuts to the IRS, ...
Trump Directs Treasury Department to Modernize Payment Systems
President Donald Trump directed the Treasury Department to modernize and centralize its payment system in an effort to root ...
Tax revenue could drop by 10 percent amid turmoil at IRS
Staff cuts and disruptions related to the U.S. DOGE Service have officials bracing for a sharp loss of revenue.