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The agency nixed controversial staff crypto accounting guidance, which interim chief Mark Uyeda described as overstepping the normal procedures.
March 7 -
Cutting IRS staffing in half over the next 10 months would mean less help and longer waits for taxpayers and let wealthy tax cheats escape paying what they owe.
March 6 -
The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.
February 25 -
The National Restaurant Association praised some of Trump's plans, including a proposal to eliminate taxes on tips and his pledge to review trade agreements.
February 25 -
Dora Liu will become Deloitte China's new chief executive on June 1 for a four-year term.
February 24 -
Warren Buffett said the company has paid the U.S. government more than $101 billion in taxes since he took the helm 60 years ago, more than any other company in history.
February 24 -
President Donald Trump expressed optimism about negotiations in Congress to push forward his agenda on taxes and immigration.
February 24 -
Cruise operators may yet avoid paying more corporate taxes despite threats from the U.S. Commerce Secretary to close favorable loopholes.
February 21 -
A technical glitch prevented Internal Revenue Service officials from notifying laid-off employees by email, so the IRS will be sending them letters, instead.
February 21 -
Prosecutors and regulators are investigating a deal between CrowdStrike Holdings and a technology distributor to provide cybersecurity tools to the IRS.
February 21 -
Trump needs as much revenue as he can get as Republicans in Congress work to iron out a plan to extend the 2017 tax cuts that are due to expire later this year.
February 21 -
Elon Musk responded to a post suggesting a "DOGE Dividend" with a $5,000 check sent to taxpaying households, saying he would "check with the president."
February 20 -
Bench Accounting, like many startups, aimed to shake up a boring but important corner of finance, in this case, bookkeeping for small businesses.
February 19 -
The Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.
February 19 -
The Treasury Secretary said one person at the Internal Revenue Service "is looking at an outdated IT system, that's all they're doing."
February 19 -
The IRS would give a temporary detail to provide software engineering expertise to a special advisor to the director at the Office of Personnel Management.
February 18 -
Trump ordered top economic officials to calculate U.S. tariffs based on the total tariffs and tax, regulatory, currency and any other barriers exports face.
February 14 -
Automakers are lobbying against lawmakers immediately ending popular electric-vehicle tax credits that President Trump has railed against.
February 12 -
Cost-cutting initiatives pushed by President Trump have turned their focus to the Federal Emergency Management Agency, where spending on consultants faces scrutiny.
February 11 -
Combined tariffs against Canada, Mexico and China would raise less than a third of the estimated $4.6 trillion cost of extending Trump's tax cuts over the next 10 years.
February 7
