Department of Treasury Internal Revenue

Trump and DOGE Will Reportedly Lay Off Thousands of IRS Workers – ‘Likely Targeting Tax Collection’

The “Department of Government Efficiency” is set to hobble the ability of the Internal Revenue Service to collect taxes, The Washington Post reported on Friday. President Donald Trump and his billionaire benefactor Elon Musk are expected to lay off thousands of workers at the IRS as part of DOGE’s ostensible mission to reduce the federal

The Washington Post on MSN · 8h

Layoffs to hit IRS as DOGE targets tax collections

Several people briefed on the matter said cuts to the IRS cuts numbering in the thousands. One target is tax collections.

The Daily Beast on MSN · 3h

IRS Gets Ready to Lay Off Thousands Following DOGE Visit

The Internal Revenue Service is reportedly preparing to lay off thousands of its workers during its busiest time of year: tax season. The agency, which has more than 100,000 employees, is planning to begin layoffs as early as next week,

Washington Examiner on MSN · 1d

Trump signs off on DOGE audit of IRS

President Donald Trump on Thursday threw his support behind the Department of Government Efficiency investigation into alleged fraud and waste at the Internal Revenue Service. Trump has long railed against the IRS,

4don MSN

Trump’s Department of Homeland Security looking to deputize IRS agents for immigration enforcement

DHS Secretary Kristi Noem sent a letter to U.S. Treasury secretary Scott Bessent, asking that IRS agents be provided to ...

Raw Story on MSN6h

Thousands of IRS employees poised to be let go — right as tax season ramps up: report

The Trump administration is preparing to lay off thousands of "probationary" employees working for the Internal Revenue ...

1don MSN

DOGE Staffer Arrives at Internal Revenue Service Headquarters

Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee, said in a posting on X that his office was “hearing ...

JD Supra1d

Final Regulations Issued on Allocation of Partnership Liabilities Under Section 752

On December 2, 2024, the U.S. Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “IRS”) published ...

Hosted on MSN4d

DHS Seeks To Deputize IRS And Treasury Personnel For Immigration Enforcement

The U.S. Department of Homeland Security (DHS) is seeking to deputize criminal investigators from the Internal Revenue ...

4don MSN

Dept. of Homeland Security wants IRS to help with immigration enforcement

The request marks the Trump administration’s latest effort to devote more federal resources to fulfill his campaign pledge to ...

JD Supra4d

Proposed regulations explain the expansion of “covered employees” under Code Section 162(m)

On January 14, 2025, the Department of the Treasury and the Internal Revenue Service issued proposed regulations (Proposed Regulations) relating ...

justthenews3d

DHS Secretary Noem asks Treasury to deputize special IRS agents to help in deportation efforts

Noem is asking Treasury Secretary Scott Bessent to deputize IRS criminal investigators to assist, according to The Wall Street Journal. In her letter to Bessent, Noem suggested her plan is based on an ...

Hosted on MSN9d

Treasury agrees to interim ban on Elon Musk's DOGE accessing the financial data of millions of Americans

The Treasury Department has agreed that it would not directly share ... of people in the Treasury's database would ...

JD Supra1d

Treasury and IRS Release Guidance on Clean Fuel Production Credit

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released a notice of intent to propose regulations and ...

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