Elon Musk asks if the IRS should be ‘deleted’ after agency begs for $20 billion
The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the agency should be “deleted” altogether.
Elon Musk wants to ‘delete’ federal financial watchdog as ‘DOGE’ begins work
Delete CFPB,” the billionaire tech executive running the “Department of Government Efficiency” said in an early-morning post on X.
Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual congressional budget process.
Elon Musk asks if the IRS should be ‘deleted’ after agency begs for $20 billion – here’s how X users responded
Billionaire Elon Musk asked social media users Wednesday if the Internal Revenue Service should be “deleted” — a day after a top Biden-Harris administration official urged Congress to give the federal agency $20 billion.
Musk Calls for Abolishing Consumer Finance Agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to a regulatory agency that has long been a target of Republicans and business advocacy groups.
2 Tax Preparers Indicted for $65 Million COVID-Relief Scheme
The pair were indicted on more than 50 counts, including wire fraud, money laundering, preparing false tax returns and ...
SCOTUSblog4h
Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments
When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to ...
Accounting Today7h
IRS faces steep budget cuts without congressional action
The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue ...
IRS Enforcement Money Has Unexpected $20 Billion Hole
Biden administration officials are rushing to address quirk in congressional funding before they leave office.
The IRS is at risk of losing $20 billion in funding without legislative intervention
Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock ...
HELP! I Need An EIN From The IRS Before Year-End!
Obtaining a new EIN before year-end can be quite difficult with the online application shutdown. Fortunately, there are ...
IRS funding cut would increase US deficit, slow service
Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by ...
IRS Issues Advice Ahead of 2025 Tax Season
The agency is advising American taxpayers to take advantage of various online tools on its website to help with filing taxes.
I just turned 73 so I need to start taking distributions from my IRA — but I don’t even need the cash
Alternatively, if you want to avoid a sizable tax bill and you don't think you'll need the money now or in the immediate ...
IRS Faces a Surprise $20 Billion Funding Crunch
The Treasury Department is warning that $20 billion for Internal Revenue Service enforcement efforts is effectively frozen as ...