Internal Revenue Service – Page 3

Elon Musk and DOGE vs. Regulators

The billionaire has needled government agencies, armed with potential influence over their budgets. But some of these organizations are also looking into his interests.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Internal Revenue Service Musk Foundation Musk, Elon Philanthropy Tax Credits, Deductions and Exemptions United States Politics and Government

Musk’s Foundation Gave Away Less Money Than Required in 2023

Private foundations must donate 5 percent of their assets every year. Elon Musk’s enormous charity missed that standard for three consecutive years.

By David A. Fahrenthold and Theodore Schleifer

Capital Gains Tax Computer Chips High Net Worth Individuals Huang, Jen-Hsun Huang, Lori Inheritance and Estate Taxes Internal Revenue Service NVIDIA Corporation Tax Shelters Wills and Estates

How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes

The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.

By Jesse Drucker

Appointments and Executive Changes Internal Revenue Service Long, William H II Presidential Transition (US) Taxation Trump, Donald J United States Politics and Government Werfel, Daniel I

Trump Picks Former Representative Billy Long to Lead I.R.S.

Billy Long served six terms as a representative from Missouri. Since then, he has helped businesses claim a pandemic-era tax credit that has been riddled with fraud and cost the government billions more than anticipated.

By Andrew Duehren

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