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.
Elon Musk asks if the IRS should be ‘deleted’ after agency ...
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 wants to ‘delete’ federal financial watchdog as ‘DOGE’ begins work
Delete CFPB,” the billionaire tech executive running the “Department of Government Efficiency” said in an early-morning post on X.
Elon Musk Wants to ‘Delete’ the Consumer Financial Protection Bureau
The comment on the Consumer Financial Protection Bureau follows Musk’s recent appointment to a government efficiency role, further amplifying the influence of the world’s rich
Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual congressional budget process.
No, Elon Musk did not announce a Tesla motor home
Tesla CEO Elon Musk recently unveiled the company’s "cybercab" and "robovan," a self-driving taxi and an autonomous van, respectively. But a Tesla "motor home" wasn’t mentione
Elon Musk’s xAI goes after OpenAI
Humiliating each other is worth more to them than we will make in a lifetime.” In the world of generative artificial intelligence ( AI ), the scrap between Elon Musk and Sam Altman is in the same league.
Elon Musk has Twitter and Trump's ear. He's still not getting everything he wants.
How much influence will Elon Musk have in the coming administration? How much influence will Twitter, the service Musk owns and renamed X, have? This is a case where predictions don't do us a lot of good.
2 Tax Preparers Indicted for $65 Million COVID-Relief Scheme
The pair were indicted on more than 50 counts, including wire fraud, money laundering, preparing false tax returns and ...
IRS Enforcement Money Has Unexpected $20 Billion Hole
Biden administration officials are rushing to address quirk in congressional funding before they leave office.
SCOTUSblog16h
Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments
When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to ...
Accounting Today19h
IRS faces steep budget cuts without congressional action
The Treasury Department is warning Congress that it needs lawmakers to unlock $20 billion in funding for the Internal Revenue ...
The IRS is at risk of losing $20 billion in funding without legislative intervention
U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative ...
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 ...
Bitcoin Is Surging, and the IRS Is Watching Closer Than Ever
The IRS is stepping up oversight as bitcoin surges near $100,000. Tax audits and criminal cases are happening more often, and ...
ABC15 Arizona8h
Bipartisan group of Arizona lawmakers looking to get tax rebate before end of year
More than 700,000 households in Arizona are missing money from their bank accounts, according to three of Arizona's members ...
IRS Faces a Surprise $20 Billion Funding Crunch
The Treasury Department is warning that $20 billion for Internal Revenue Service enforcement efforts is effectively frozen as ...