The White House continues to pursue its government efficiency agenda. The Internal Revenue Service (IRS) dismissed 6,700 employees on Thursday, becoming the next cut in a series of…
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IRS and Treasury Department Report on Funds Recovered from Tax Evaders
The treasury secretary announces $1.3 billion recovered from wealthy tax filers and non-filers and other audits. U.S. Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Danny…
Read MoreIRS Reaches $1 Billion Milestone for Wealthy Back-Tax Collection
The agency is working to increase transparency of how is uses federal funds to address tax evasion. The Internal Revenue Service (IRS) announced Thursday that is has reached…
Read MoreTreasury Department Proposes Tax Accountability for Business Partnerships
The department moves to address the “basis shifting” of business partnerships to lower tax brackets. The Treasury Department proposed new rules this week to hold high-profile tax evasion…
Read MoreIRS to Begin Audits of CEO Company Jet Use
The agency will review business expense claims for private travel. The Internal Revenue Service (IRS) announced that they are proceeding with tax audits to review the accuracy of…
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