Trump names Billy Long as IRS head
President-elect Trump said in a post Wednesday that he will nominate former Rep. Billy Long (R-Missouri) to head the Internal Revenue Service (IRS). society of truth. “I am pleased to announce that former Congressman Billy Long of Missouri will be appointed Commissioner of the Internal Revenue Service (IRS),” President Trump wrote. “Billy brings 32 years […]
Do this before the end of the year, IRS urges – MassLive.com
With only a few weeks left in 2024, you may be finishing up some unfinished business to prepare for the new year with a clean slate. You're not alone. The Internal Revenue Service is reminding people nationwide to make adjustments that could affect their taxes by the end of the year. There are only a […]
IRS whistleblowers slam Hunter Biden’s presidential pardon
Two IRS whistleblowers who testified before Congress last year about the Justice Department's alleged interference in the tax investigation case against Hunter Biden said the president's sweeping pardon for their son was not surprising. IRS Supervisory Special Agent Gary Shapley and IRS Criminal Investigation Division Special Agent Joseph Ziegler spoke Monday with Fox News anchor […]
Hunter Biden IRS Whistleblowers Slam Joe Biden’s Pardon
An Internal Revenue Service (IRS) official who complained in June 2023 that the Biden administration's Department of Justice (DOJ) obstructed a criminal investigation into Hunter Biden has criticized President Joe Biden for pardoning his son. “No amount of lies and fabrications can hide the simple truth that the Department of Justice nearly let the president's […]
Biden Pushed Crackdown On Those Avoiding Paying IRS Before Pardoning Tax-Evading Son
President Joe Biden pardoned his son Hunter on tax evasion charges on Sunday after trying to crack down on tax evasion throughout his term. Biden's anti-inflation law included $78 billion in funding to hire 87,000 Internal Revenue Service workers as part of the package. effort Stop tax evasion and reduce taxes for wealthy taxpayers. tax […]
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders – CryptoSlate
The Blockchain Association, a nonprofit organization representing cryptocurrency and blockchain businesses in the United States, letter Friday to President-elect Donald Trump and Congress. In a letter signed by Blockchain Association CEO Kristin Smith, the association outlined five priorities for the Trump administration's first 100 days. While the entire cryptocurrency industry is calling for the removal […]
The IRS refuses COVID claims, leaving small businesses in limbo
COVID-19 has hit many small businesses in America hard, and Virginia's 5th District was no exception. During the COVID-19 pandemic, Congress passed the following legislation: Employee Retention Tax Credit (ERTC) It provided tax incentives for businesses to keep employees on payroll while the economy was decimated by unnecessary government-imposed lockdowns. The goal of the ERTC […]
Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin – Cointelegraph
The MacBook Pro belonging to an Internal Revenue Service employee who tracked down and seized 120,000 bitcoins stolen from cryptocurrency exchange Bitfinex in 2016 is now in the collection of the world-famous Smithsonian Institution in Washington, DC. “Laptops are central to criminal cases that demonstrate the evolution of our understanding of cryptocurrencies,” said Ellen Feingold, […]
Over 800 IRS employees owe millions in back taxes after audits pushed by Ernst – Washington Examiner
The document was shared exclusively in a Nov. 8 letter to Iowa state senators. washington examinerThe IRS noted that of the 2,044 employees who reported balances totaling $12 million or more, 860 employees still have unpaid past due taxes. Of the 70 employees who “deliberately evaded” paying taxes, only 20 were fired. “We haven't seen […]
US Government and IRS Confirmed: how to claim $3,600 Child Tax Credit – VIBUS News
The Child Tax Credit is administered by the Internal Revenue Service (IRS).offers families significant rebates of up to $3,600 per eligible child. This initiative aims to provide financial relief to households with dependents, especially during times of economic uncertainty. The IRS has already outlined next year's payment schedule and requirements for accessing this credit. The […]