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Elon Musk asks if the IRS should be ‘deleted’ after agency begs for $20 billion
The IRS just said it wants $20B more money,” billionaire Elon Musk posted on X, before sharing a poll asking whether the agency should be “deleted” altogether.
Elon Musk Asks if IRS Funding Should Be 'Deleted'
Elon Musk has asked social media users if funding for the Internal Revenue Service (IRS) should be "deleted" in a poll on X, formerly Twitter. "The IRS just said it wants $20B more money," Musk, who has been appointed to co-lead the informal Department of Government Efficiency under President-elect Donald Trump, wrote on X.
Is Elon Musk considering ‘deleting’ America’s Internal Revenue Service?
Elon Musk asked users on X whether the Internal Revenue Service (IRS) ought to be deleted. The question comes after the department asked for $20 billion to continue operating. The IRS is crucial since it is in charge of processing tax returns,
Elon Musk names financial watchdog government agency he wants to ‘delete’
Elon Musk, the billionaire entrepreneur turned political adviser, announced on X he intends to push Donald Trump’s administration to get rid of the Consumer of Financial Protection Bureau, a financial watchdog agency.
Hosted on MSN
17h
IRS Unveils New Policy to Fast-Track Tax Refunds and Combat Identity Theft with IP PIN Requirement
The Internal Revenue Service (IRS) has announced a significant policy change designed to streamline the process for taxpayers ...
The New York Times
7h
Tax Preparers Charged in Scheme to Defraud Covid Relief of $65 Million
The
Internal
Revenue
Service
processed the fraudulent tax returns, and the clients received six-figure tax refunds, according to the indictment. It did not name the clients, detail how much they ...
The Herald-Dispatch
23h
IRS encourages taxpayers to prepare for 2025 filing season with online tools and key reminders
As the nation’s tax season approaches, the Internal Revenue Service is reminding people of simple steps they can take now to ...
4d
on MSN
IRS Enforcement Money Has Unexpected $20 Billion Hole
Biden administration officials are rushing to address quirk in congressional funding before they leave office.
Accounting Today
3d
IRS could lose another $20B in funding
The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue ...
1d
Have an IRA Account? You May Qualify to Transfer Up to $105,000 to Charity Tax Free.
Individuals contribute to traditional IRAs with pre-tax earnings. These contributions are typically tax-deductible, but gains ...
1d
on MSN
Supreme Court springs back to work with four key cases on the docket
The Washington Examiner breaks down the four cases the Supreme Court will take up next week to open the December session.
4d
on MSN
IRS funding cut would increase US deficit, slow service
Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by ...
Hosted on MSN
13h
Unlock Tax Savings While Building Your Future: Don’t Miss the Saver’s Credit Benefits
The Internal Revenue Service (IRS) is emphasizing the importance of retirement savings for low- and moderate-income taxpayers ...
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Elon Musk
IRS
United States Congress
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