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ACTING HEAD OF THE IRS
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
- Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses itPresident Donald Trump is rethinking a massive fund for his allies. The Justice Department has paused its implementation following a court ...
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
- New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
- Vijay pulls off a Kejriwal in Tamil Nadu over a decade after AAP's rise in DelhiTamilaga Vettri Kazhagam (TVK) led by actor Vijay is set to win its first Assembly elections in Tamil Nadu. This mirrors the Aam Aadmi Part...
- ET Graphics: Bengal picture abhi bhi baaki hai; SIR’s changing playbookIndia's Election Commission is revising voter lists, removing over 5.98 crore names. The process, starting in Bihar, has changed significan...
- IRS reportedly says $1,390 stimulus checks for eligible Americans are on the way: here are all the detailsIRS $1,390 stimulus checks are reportedly on track to reach millions of eligible Americans this late summer. The Treasury Department and IR...
- Another surprise!! Trump abruptly fires IRS commissioner Billy Long, installs Scott Bessent as acting head — what’s fueling this explosive leadership shake-up?Billy Long removed as IRS Commissioner in a surprise move by President Trump just weeks after his confirmation. The decision comes amid gro...
- IRS power struggle turns chaotic as reports say Elon Musk and Scott Bessent clashed in explosive showdown at the White House last weekA heated dispute erupted at the White House between Elon Musk and Treasury Secretary Scott Bessent over the interim leadership of the IRS. ...
- Elon Musk's days may be numbered with the Trump administration as his conflicts with cabinet members grow by the hour; here's the latest friction pointElon Musk and the Trump administration are facing tensions. This is regarding leadership changes at the IRS. Trump appointed Gary Shapley a...
- Trump ousts IRS chief just days after appointing him amid feud between Elon Musk and Scott BessentPresident Donald Trump has replaced the acting IRS commissioner Gary Shapley just days after he appointed him amid the ongoing feud between...
- Melanie Krause becomes third IRS leader to exit in 2025 as tax data deal on undocumented immigrants sparks backlashMelanie Krause resignation has rocked the IRS just days before tax deadline, after she stepped down in protest of a controversial tax data-...
- US IRS chief quits after immigration data-sharing dealThe IRS is facing turmoil as acting head Melanie Krause plans to resign following a controversial data-sharing agreement with Homeland Secu...
- After laying off 7,000 employees, IRS set to make a huge change as taxpayers fear refund delaysAfter laying off around 7,000 probationary employees, the Internal Revenue Service (IRS) is set to make a huge change as taxpayers fear ref...
- Where’s My Refund? IRS 2025 tracker, refund schedule, and payment updates – Everything you need to know!Taxpayers across the U.S. are asking, "Where’s my refund?" as the IRS refund schedule for 2025 unfolds. With over 140 million tax returns e...
- American taxpayer data in DOGE's crosshairs? Elon Musk's team eyes sensitive IRS taxpayer information and a 25-year-old may hold the keyElon Musk's Department of Government Efficiency is eyeing the Internal Revenue Service (IRS) next, seeking taxpaying information of million...
- Top US tax official forced to resign over scandal"I am angry about it. I will not tolerate this kind of behavior in any agency, especially in the IRS," Obama said.
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