Treasury Secretary Scott Bessent named Internal Revenue Service chief operating officer Melanie Krause as acting commissioner after the retirement of Douglas O'Donnell.

The tax-collecting agency aims to achieve the massive reduction in its workforce through layoffs, attrition and buyout offers.

The acting head of the Internal Revenue Service plans to retire Friday ... as the agency heads into the crunch time of tax filing season. Treasury Secretary Scott Bessent announced in a news release that the IRS will be led by Melanie Krause, the agency ...

The Internal Revenue Service is drafting plans to cut ... DHS Secretary Kristi Noem asked Treasury Secretary Scott Bessent to borrow IRS workers to help with ongoing immigration crackdown efforts.

US Treasury Secretary Scott Bessent said Tuesday that tariffs are a crucial part of President Donald Trump's economic strategy, asserting that they can be a source of government revenue to help fund investment.