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Tag: IRS

The Governor of California Gavin Newsom delivers a speech at Germany's pavilion during the COP30 UN Climate Change Conference, in Belem, Para State, Brazil, on November 11, 2025. President Donald Trump's administration may have steered clear of this year's UN climate summit in the Brazilian Amazon, but the conference's second day is nonetheless set to be dominated by the governors of California and New Mexico. (Photo by Mauro PIMENTEL / AFP) (Photo by MAURO PIMENTEL/AFP via Getty Images)

Fmr Newsom chief of staff arrested, accused of stealing $225K and funneling funds to private accounts

California Governor Gavin Newsom’s former chief of staff, Dana Williamson, was arrested on Wednesday on charges of stealing $225,000 from inactive political campaign funds and transferring the money to a friend’s account.

Read More Fmr Newsom chief of staff arrested, accused of stealing $225K and funneling funds to private accounts
(Background) WASHINGTON, DC - FEBRUARY 13: A sign for the Internal Revenue Service (IRS) is seen outside its building on February 13, 2025 in Washington, DC. Members of Elon Musk's Department of Government Efficiency (DOGE) arrived at the Internal Revenue Service to begin examining the agency's operations. (Photo by Kayla Bartkowski/Getty Images) / (R) US President Donald Trump (C) shows his signature on the "Big Beautiful Bill Act" at the White House in Washington, DC, on July 4, 2025. US President Donald Trump signed his flagship tax and spending bill on July 4 in a pomp-laden Independence Day ceremony featuring fireworks and a flypast by the type of stealth bomber that bombed Iran. Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him to sign it into law on the US national holiday -- and they did so with a day to spare Thursday. (Photo by Brendan SMIALOWSKI / POOL / AFP) (Photo by BRENDAN SMIALOWSKI/POOL/AFP via Getty Images)

IRS: New federal income tax brackets for 2026

The Internal Revenue Service (IRS) has released its annual adjustments for the 2026 tax year, affecting more than 60 tax provisions, including income tax brackets, standard deductions, and key credits.

Read More IRS: New federal income tax brackets for 2026
Commissioner of the Social Security Administration Frank Bisignano looks on as US President Donald Trump speaks prior to signing a presidential proclamation honoring the 90th anniversary of the Social Security Act in the Oval Office of the White House in Washington, DC on August 14, 2025. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Bessent taps Social Security Commissioner Frank Bisignano to serve as IRS CEO

Treasury Secretary Scott Bessent tapped Social Security Administration (SSA) Commissioner Frank Bisignano to serve as the CEO of the Internal Revenue Service (IRS).

Read More Bessent taps Social Security Commissioner Frank Bisignano to serve as IRS CEO
CAMBRIDGE, MASSACHUSETTS - JUNE 29: People walk through the gate on Harvard Yard at the Harvard University campus on June 29, 2023 in Cambridge, Massachusetts. The U.S. Supreme Court ruled that race-conscious admission policies used by Harvard and the University of North Carolina violate the Constitution, bringing an end to affirmative action in higher education. (Photo by Scott Eisen/Getty Images)

President Trump: ‘We Are Going To Be Taking Away Harvard’s Tax Exempt Status’

President Donald Trump said on Friday that “we,” referring to his administration, would be revoking Harvard University’s tax-exempt status — rebuking the school’s failure to address rampant anti-Semitism and anti-Israel sentiment on campus and in classes.

Read More President Trump: ‘We Are Going To Be Taking Away Harvard’s Tax Exempt Status’
WASHINGTON, DC - FEBRUARY 20: The Internal Revenue Service (IRS) Building is seen on February 20, 2025 in Washington, DC. The Internal Revenue Service will begin laying off roughly 6,000 employees in the middle of tax season as the Trump administration pushes to downsize the federal workforce through the Department of Government Efficiency (DOGE). (Photo by Tasos Katopodis/Getty Images)

IRS Chief To Resign ‘In Protest Of Trump Admin’ Over Tax Data-Sharing Agreement With DHS

The acting leader of the Internal Revenue Service (IRS) is reportedly set to resign after a deal was recently set in place on behalf of the agency requiring it to share tax data on undocumented immigrants.

Read More IRS Chief To Resign ‘In Protest Of Trump Admin’ Over Tax Data-Sharing Agreement With DHS
The US Treasury Department building is seen in Washington, DC, January 19, 2023, following an announcement by the US Treasury that it had begun taking measures Thursday to prevent a default on government debt, as Congress heads towards a high-stakes clash between Democrats and Republicans over raising the borrowing limit. - The world's biggest economy could face severe disruption with Republicans threatening to refuse the usual annual rubber stamping of a rise in the legal borrowing limit, and this could push the United States into default. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Trump Celebrates Treasury Department’s Decision To Stop Enforcement Of BOI Requirements

President Donald Trump praised the Treasury Department after they announced that they are suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirement for U.S. domestic companies.

Read More Trump Celebrates Treasury Department’s Decision To Stop Enforcement Of BOI Requirements

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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