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Trump pulls pick for acting IRS commissioner

Trump’s pick for acting commissioner is out at IRS days after his appointment

Gary Shapley, whom President Donald Trump named acting commissioner of the Internal Revenue Service earlier this week, will no longer serve in the role, according to a White House official and a source briefed on the matter.

NBC News on MSN · 5h

Trump is replacing the acting IRS commissioner

Gary Shapley, the acting commissioner of the Internal Revenue Service, is being replaced after Treasury Secretary Scott Bessent approached Trump to say that Shapley was placed into the agency without his knowledge and at Elon Musk’s direction,

Bloomberg on MSN · 3h

Bessent Replaces Acting IRS Commissioner in Musk Power Struggle

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting commissioner of the Internal Revenue Service after reports the current leader of the agency, Gary Shapley,

IRS, Trump and Harvard

ABC News on MSN · 10h

IRS decision on Harvard's tax-exempt status could come in days: Sources

The Internal Revenue Service is considering revoking Harvard University’s tax-exempt status and a decision could be made in the coming days, sources told ABC News on Thursday. The White House has already put a freeze on $2.

The Wall Street Journal on MSN · 1d

Trump Administration Asks IRS to Start Process to Revoke Harvard’s Tax-Exempt Status

The effort to try to revoke Harvard’s crucial status comes after the university recently declined a variety of demands from the administration, including a request for the schoo

The Daily Beast on MSN · 2d

Trump Administration Plans to Nuke Popular Free IRS Tax Filing System

The Trump administration reportedly plans to kill a highly popular program that allows millions of people to file their taxes for free. Two sources told The Associated Press that the government is looking to eliminate the IRS’ Direct File system rolled out last year under the Biden administration and later made permanent after it was “overwhelmingly liked” by taxpayers.

4hon MSN

Bessent Ousts Musk-Backed IRS Commissioner Gary Shapley, Report Says

President Donald Trump will replace Internal Revenue Service Acting Commissioner Gary Shapley, who was backed by Elon Musk, ...

1hon MSN

US Treasury's Bessent ousts IRS acting chief, names deputy to temporary role

U.S. Treasury Secretary Scott Bessent confirmed on Friday that Deputy Treasury Secretary Michael Faulkender has been ...

4hon MSN

The IRS’ interim commissioner was just ousted after Scott Bessent reportedly fussed to Trump that Elon Musk installed the leader behind his back

The acting commissioner of the IRS was fired Friday after Treasury Secretary Scott Bessent reportedly complained to President ...

3don MSN

IRS could cut up to 40% of workforce, memo indicates

The IRS's Reduction in Force plan states the agency could go from 102,000 employees to a target of 60,000 to 70,000, ...

8hon MSN

IRS Urges Millions to Check Tax Withholding Now

By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.

4hon MSN

Amid Trump-imposed chaos, IRS loses its fourth commissioner in three months

NBC News has confirmed the fact that Shapley has been ousted. The Times’ report added that the next acting IRS chief is expected to be the deputy secretary of the Treasury, Michael Faulkender. If that ...

2don MSN

Big exodus of IRS employees underway as tax season hits full swing

Thousands of workers are leaving the IRS through deferred resignations. The big staff reductions might lead to decreased ...

1don MSN

IRS Issues Urgent Advise On How To Minimize Penalties For Missed Filings

Missing a tax filing deadline can lead to a failure to file penalty, which is usually five percent of the unpaid taxes for ...

3don MSN

20,000 IRS employees interested in deferred resignation offer as tax deadline looms

The Trump administration has offered buyouts across the government in a bid to dramatically shrink the size of the federal ...

1don MSN

Trump official asked IRS to re-examine audit of MyPillow’s Mike Lindell

A Trump administration appointee asked the Internal Revenue Service (IRS) in March to review an audit of MyPillow CEO Mike ...

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