Close Menu
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
What's Hot

Consider This from NPR : NPR

August 8, 2025

IRS Commissioner Billy Long to depart, with Bessent now acting head

August 8, 2025

New ‘Tea’ App Where Men Post Dating Reviews of Women Goes Viral

August 8, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

Facebook X (Twitter) Instagram
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
Home » IRS Commissioner Billy Long to depart, with Bessent now acting head
Tax preparation

IRS Commissioner Billy Long to depart, with Bessent now acting head

EditorBy EditorAugust 8, 2025No Comments1 Min Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


President Donald Trump plans to remove Internal Revenue Service Commissioner Billy Long from the job to nominate him for an ambassadorship, according to a White House official, throwing the leadership of the tax agency once again into turmoil.

Treasury Secretary Scott Bessent will serve as acting commissioner until a permanent replacement is named, according to the official, who described the changes on the condition of anonymity.

Long’s departure will be the latest turnover atop the IRS, which has had six different people lead the agency this year. In April, Bessent openly sparred with Elon Musk after the billionaire Trump ally installed Gary Shapley to lead the agency without Bessent’s knowledge. 

The IRS has been at the center of Trump’s push to strip universities and nonprofit groups he sees as political enemies of their tax-exempt status, and is tasked with implementing the sweeping tax bill passed by Republican lawmakers earlier this summer. The agency is also grappling with significant layoffs and attempts to upgrade its technology.

The New York Times earlier reported the departure.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor
  • Website

Related Posts

New tax law prompts payroll questions about overtime

August 8, 2025

IRS won’t lower withholding this year to reflect Trump tax cuts

August 8, 2025

IRS plans no changes to information returns, withholding tables for 2025

August 7, 2025
Leave A Reply Cancel Reply

News
Finance

Bed Bath & Beyond relaunches first store in Nashville

Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne,…

Durango Jailbreak and Charger Sixpack

August 8, 2025

Sweetgreen cuts outlook for second time in two quarters

August 8, 2025
Top Trending
IRS

Trump to remove Billy Long as IRS Commissioner

Premium Membership Required

You must be a Premium member to access this content.

Join Now

Already a member? Log in here
IRS

IRS says churches may talk politics without running afoul of tax exempt status

Premium Membership Required

You must be a Premium member to access this content.

Join Now

Already a member? Log in here
IRS

NABA loses sponsors as political climate threatens diversity efforts

Premium Membership Required

You must be a Premium member to access this content.

Join Now

Already a member? Log in here

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

Welcome to USTaxNews.live – Your Trusted Source for U.S. Tax, Accounting, and Financial News.

At USTaxNews.live, we’re committed to delivering accurate, timely, and practical information on everything related to U.S. taxes, IRS updates, legal issues, accounting practices, and the broader financial landscape. Whether you’re a taxpayer, accountant, legal professional, or business owner, we’re here to help you stay informed and ahead of change.

Our Picks

Trump says he’s considering rebate checks for Americans based on tariff revenue

July 25, 2025

Trump’s tax, spending law will add over $3 trillion to federal deficit, report projects

July 22, 2025

Provision in Trump’s budget law draws backlash from gamblers

July 22, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 ustaxnews. Designed by ustaxnews.

Type above and press Enter to search. Press Esc to cancel.