Economist Larry Summers does not like recent developments at the Internal Revenue Service (IRS), the federal agency ...

Treasury Secretary Scott Bessent said Michael Faulkender, who was confirmed as deputy Treasury secretary at the end of March, ...

The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over the ...

Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.

The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be ...

After another leadership shakeup at the IRS, Michael Faulkender on Friday became the fifth leader of the IRS since January.

The lawmakers asked the Treasury Department and the IRS to respond to their demands to preserve Direct-File by May 5.

WASHINGTON (AP) — Just days after being promoted to acting IRS commissioner, the whistleblower who testified publicly about ...

Gary Shapley is replaced as acting IRS commissioner by Michael Faulkender after just days in the position, amid controversy ...

Turmoil continues to roil the highest ranks of the Internal Revenue Service, as the President has replaced the acting IRS Commissioner that ...

Treasury Secretary Scott Bessent has replaced Shapley with deputy treasury secretary Michael Faulkender following a power ...