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

The Trump administration quietly announced Thursday that it is abandoning a Biden-era effort to close a loophole that allows large business partnerships to repeatedly manipulate the value of their ...

President Donald Trump is replacing the fourth IRS chief this year amid complaints by Treasury Secretary Scott Bessent that he was not consulted on the appointment after Elon Musk recommended the ...

GOP state lawmakers pass reforms that reduce top marginal rates, move to flatter income tax codes, and ultimately end state ...