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Billy Long’s removal from the IRS comes after disputes with the Treasury

Billy Long's removal from the IRS comes after disputes with the Treasury

President Trump recently dismissed Billy Long as the head of the IRS, just two months after his appointment. Long’s leadership has drawn criticism as the agency has seen six different leaders this year alone. According to sources, Long had conflicts with long-standing Treasury leaders and did not concern himself with the agency’s goal of implementing […]

Minnesota may need to pay the IRS almost $7 million due to a tax benefit mistake.

Minnesota may need to pay the IRS almost $7 million due to a tax benefit mistake.

Tax Issues Affecting Minnesota State Employees St. Paul – Minnesota is anticipating a final cost of approximately $6.8 million related to tax discrepancies discovered regarding the health and dental benefits provided to former spouses of state employees. This amount still needs to be confirmed through IRS calculations. In a letter sent to lawmakers on June […]

Billy Long Exits as IRS Commissioner Just Weeks After Being Sworn In

Billy Long Exits as IRS Commissioner Just Weeks After Being Sworn In

Just a couple of months after taking office, Billy Long is no longer the IRS commissioner. His departure, first reported by the New York Times, has since been confirmed by the White House. Leadership Changes Long’s nomination by President Donald Trump was announced in December 2024; however, Danny Werfel held the commissioner position until early […]

Trump Dismisses IRS Commissioner, Appoints Bessent as Interim Leader

Trump Dismisses IRS Commissioner, Appoints Bessent as Interim Leader

A senior official from the White House has reported that President Donald Trump has removed IRS Commissioner Long from his position, just under two months into his tenure. Officials who spoke on the condition of anonymity have not disclosed the reasons behind Long’s dismissal or specified when he will officially leave the agency. The president […]

IRS: A Major New Bill Offers Tax Deductions for Employed Americans and Seniors

IRS: A Major New Bill Offers Tax Deductions for Employed Americans and Seniors

Internal Revenue Agency WASHINGTON, D.C. – A new provision has been introduced as part of a significant bill that’s set to take effect on July 4, 2025, under Public Law 119-21. “There is no tax on tips.” New Deduction: From 2025 to 2028, employees and self-employed individuals can deduct eligible tips received in their jobs […]

State lawmakers urge the IRS to investigate nonprofit groups supporting defiance of Trump and federal immigration regulations.

State lawmakers urge the IRS to investigate nonprofit groups supporting defiance of Trump and federal immigration regulations.

Two Republicans from New York are calling for the IRS to investigate four nonprofit organizations involved in legal and immigration advocacy. They claim these groups have received taxpayer money while not doing enough to combat illegal immigration during the Trump presidency. Nicole Malliotakis from Staten Island and Claudia Tenney from Watertown raised concerns about the […]