Michael Faulkender, the fourth interim leader since January, promises modernization of the tax agency’s systems in two years.

President Donald Trump suggested Sunday that his sweeping tariffs would help him reduce income taxes for people making less ...

WASHINGTON—Republicans pushed President Trump’s “big, beautiful” tax and spending package closer to the finish line with ...

The request, spelled out in an email obtained by ProPublica, comes amid concerns that DOGE has overstepped its bounds in ...

That’s because Werfel — nominated by former President Joe Biden — was less than two years into his five-year term stipulated ...

Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...

U.S. Rep. Rich McCormick tells business owners that uncertainty in wake of tariffs will settle down, expects to pass ...

It was a very good idea to thwart Democratic messaging and make it easier to pay for Trump’s agenda. But tax-cut orthodoxy ...

Former Treasury Secretary Lawrence Summers said that the Trump administration’s moves to downsize the Internal Revenue ...

Some Republicans had debated breaking from party orthodoxy by allowing taxes to go up on wealthy Americans to help pay for a ...

Trump's wide-ranging tariffs have been dubbed "worse than the worst-case scenario," but the specifics of the plan and what it ...

Paul, who last year was among the bidders for Paramount Global, said he is so committed to restoring production in Hollywood ...