IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.

Lawmakers on Capitol Hill questioned Scott Bessent ... agencies within the Treasury Department, including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats ...

WASHINGTON — On Capitol Hill, there's a new push to ... on claims at the Social Security Administration and the Internal Revenue Service, Republican members on the House Oversight and ...

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.

Could customer service suffer? With fewer staff to handle the agency's many phone calls during tax season (reportedly about 92 million in FY23 ), taxpayers might face extended wait times on phone lines and slower responses to written communications.

WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding the “External Revenue Service” that President Donald Trump has promised to create.

The consequences could be dire, as Treasury Deputy Secretary Wally Adeyemo warned reporters at the end of November that, “the IRS is going to potentially have to make dramatic d

Trump announced his intention to create the new federal department on Truth Social, writing: "I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources. We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share."

President Donald Trump has revoked DEIA measures brought about under his predecessor in the hours after his inauguration.

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and Jobs Acts, tax filing deadlines, and more