Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner ...

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

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

Michael Faulkender oversees the department’s operations and has a broad policy portfolio that spans tax, international finance, sanctions and financial regulation.

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.

Treasury Secretary Scott Bessent ousted three senior IRS executives this week responsible for online tax services and the ...

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

KEY TAKEAWAYS Since the beginning of the year, seven different IRS commissioners have been appointed to the role, which ...

President Donald Trump and Russian President Vladimir Putin are meeting in Anchorage, Alaska, now for a landmark summit ...

California US Senator Alex Padilla Joins Democrat Senators Urging IRS to Maintain Vital Multilingual Services for Taxpayers – Say, “Maintaining And Expanding Multilanguage Services Is Critical To The ...

You may have heard that earlier this year, President Trump nominated former Missouri Congressman Billy Long to be IRS Commissioner. Long was finally confirmed by the U.S. Senate on June 12. That was ...