Trump Treasury Secretary Scott Bessent laughed about firing thousands of American workers at the Department of the Treasury and IRS while testifying before the House of Representatives.

U.S. Secretary of the Treasury Scott Bessent and Phil L. Liberatore. Photo Credit: Phil Liberatore. Phil L. Liberatore’s ...

THE EXODUS CONTINUES: The Trump administration continues to churn through higher-ups at the IRS. The tax collector, now under the direction of Treasury Secretary Scott Bessent, has placed a third ...

The second-highest-ranking official at the Treasury Department, Michael Faulkender, is departing President Trump’s ...

United States Treasury Secretary Scott Bessent said that although Congress is currently weighing the possibility of sending ...

The IRS plans to ask workers who accepted offers of deferred resignation and early retirement to come back to work — an ...

Critics of Direct File say it competes with software from tax-preparation companies, and that the IRS spent tens of millions of dollars to launch the platform.

Wednesday, Rep. George Whitesides (CA-27) wrote to Acting IRS Commissioner Scott Bessent over the planned September 30th closure of ...

U.S. Deputy Treasury Secretary Michael Faulkender is leaving the Trump administration less than five months after being ...

As the IRS struggles with a leadership vacuum in its top ranks, practitioners are largely in the dark about the policies that ...

Who were the former IRS commissioners, and why did they resign? Find out how IRS turnover can impact your taxes.

The firings were previously part of the Trump administration's federal restructuring plan. The Department of Government ...