Holly Paz was among officials scrutinizing tax shelters before she was placed on leave and Fox News reported she had been fired.
Category: Internal Revenue Service
-
Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters
The Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies and wealthiest people.
-
He Tried to Endorse From the Pulpit. He Wound Up Without a Church.
The I.R.S. says churches can now support candidates during services, but many denominations still forbid it. A Wisconsin pastor learned the hard way.
-
The Auctioneer and the Treasury Chief: How Billy Long Fell Short at the I.R.S.
Treasury Secretary Scott Bessent sought total control over the I.R.S., an agency where Mr. Long, the new commissioner, had started to put his own mark on the job.
-
Trump Is Replacing Billy Long as I.R.S. Commissioner
The change comes just two months into the former Republican congressman’s tenure leading the tax agency.
-
Truemed, a Start-Up Run by an RFK. Jr. Aide, Gives Tax Breaks for Meat and Mattresses
The start-up, called Truemed, helps people buy meat and mattresses with money that isn’t subject to federal income tax. But does the tax break apply?
-
He Helped Big Companies Dodge Taxes. Now He’s Writing the Rules.
Ken Kies, a longtime tax lobbyist who worked for some of the world’s largest businesses, is now running the Treasury Department’s office that will administer Trump’s tax law.
-
How the $1,000 ‘Trump Accounts’ for Newborns Will Work
The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the money in the accounts will have many years to grow.
-
Biden’s I.R.S. Doubled Audits on the Wealthy, Data Shows
At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden administration.