If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS. The short answer is no, not without congressional cooperation. Like other ...

(Photo by Matt McClain/The Washington Post via Getty Images) IRS Commissioner Danny Werfel has announced that he is leaving the agency on January 20, 2025. The timing is something of a surprise ...