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The Department of Homeland Security can partner with the IRS to permit ICE to access taxpayer information to locate illegal ...
Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...
Since Trump took office, the IRS has also reportedly decided to cut its free, online tax filing service and paused much of ...
Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...
Scott Bessent told Congress this week that the US is nearly out of time, the money situation is tight, and crypto regulation can’t be delayed anymore.
WASHINGTON — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...
The tax agency has shed over 20,000 employees through the deferred resignation program, and more significant cuts are still ...
Pa., weighs in on Treasury Secretary Scott Bessent's vow to end the politicization of IRS audits and the NIH's 'abuse' of ...
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information technology budget without operational disruptions ...
The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here's what to know.
Another mask-off moment, although fresh research says RoI for the tech is still lacking Following considerable cuts to its enforcement workforce, the US's Internal Revenue Service (IRS) plans to use ...