Trump Says He’s ‘Taking Away’ Harvard’s Tax Exempt Status
President Trump first threatened Harvard’s tax status last month. It was not immediately clear if the I.R.S. was in fact moving forward with a change.
It Is Happening Every Day, Every Where
President Trump first threatened Harvard’s tax status last month. It was not immediately clear if the I.R.S. was in fact moving forward with a change.
Market chaos and economic uncertainty has been a feature of the president’s first few months back in office. DealBook breaks down the milestones, and what to expect next.
The I.R.S. had about 100,000 employees before President Trump took office. Between resignations and layoffs, the I.R.S. is on track to lose about a third of its staff this year.
The agreement is a major departure from the Internal Revenue Service’s efforts to gain the trust of migrants and encourage them to file their taxes.
The Biden plan to increase tax revenue through more enforcement is being reversed.
President Trump has described his new in-office requirement as a way to ensure workers are doing their jobs. He sees potentially leading more employees to quit as an added benefit.
The tax agency is nearing an agreement to verify whether ICE officials have the right address for people they are trying to deport.
The two men will help change the culture at the tax collector, the Treasury secretary said.
Attempts by Elon Musk’s team to gain access to I.R.S. data have raised legal concerns at the agency.
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.