Taxes April 21, 2025
After the feds froze more than $2 billion in grants to the Cambridge campus and threatened its tax-exempt status, Harvard University has filed a lawsuit against the Trump administration in Massachusetts federal court.
IRS April 19, 2025
Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting chief of the IRS after reports the current leader of the agency, Gary Shapley, had been installed at the urging of Elon Musk without Bessent’s knowledge.
IRS April 17, 2025
Billy Long, a former GOP lawmaker and President Donald Trump’s nominee for IRS commissioner, disclosed in new federal filings on Tuesday that he paid himself back using campaign donations for a $130,000 loan he made to his failed 2022 Senate campaign.
Taxes April 16, 2025
The Trump administration is reportedly planning to pull the plug on IRS Direct File, the free online service that allows many taxpayers to file their tax returns directly with the agency.
IRS April 15, 2025
Rajiv Uppal, who has served as CIO since January 2024, is leaving the agency, adding to the growing list of IRS leaders who are planning their exits as a result of the Trump administration's plan to reduce the federal workforce.
IRS April 11, 2025
Thousands of newer IRS workers—told to return to their jobs on April 14 after being laid off by the Trump administration in February but reinstated and put on paid administrative leave in March—will remain on leave after two court decisions this week paused plans to bring them back to the office.
Taxes April 11, 2025
President Donald Trump signed legislation to block an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.
Taxes April 10, 2025
President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified U.S. tariffs on China rose to 145%.
Taxes April 10, 2025
President Donald Trump is pushing for what he has branded as “one big, beautiful bill,” including all major planks of his agenda for tax cuts, mass deportations, and a smaller federal government.
IRS April 9, 2025
Melanie Krause, who took over as acting IRS commissioner in February, is stepping down after the agency reached an agreement with the Department of Homeland Security to share the data of immigrants in the U.S. illegally to assist with immigration enforcement.
Taxes April 9, 2025
President Donald Trump said April 9 he would pause higher reciprocal tariffs for 90 days on dozens of trade partners while raising duties on China to 125%.
Taxes April 8, 2025
The IRS will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations, saying it will support President Donald Trump’s pledge to deport people illegally in the U.S.