President Biden will replace Internal Revenue Service (IRS) Commissioner Charles Rettig when his term ends on November 12, Secretary of the Treasury Janet Yellen announced. […]

As the IRS faces a backlog of about 23.5 million tax returns and pieces of correspondence stretching back to the 2020 tax season, members of the House Oversight and Reform Committee called on the agency Thursday to modernize its IT systems and invest in scanning technology to improve efficiency. […]

Internal Revenue Service (IRS) Commissioner Charles Rettig told Sen. Maggie Hassan, D-N.H., in late December that the IRS needs more money and changes to the tax code to better prevent and prosecute criminal uses of cryptocurrency, which has emerged in recent years as a favored medium of exchange involving ransomware and other cyber attacks. […]

Tasked with distributing stimulus checks during the pandemic, the Internal Revenue Service (IRS) has been hobbled by decades of insufficient funding and legacy IT causing agencywide inefficiencies at a time when Americans rely heavily on the agency’s services. Rep. Gerry Connolly, D-Va., an official from the Government Accountability Office, and the IRS commissioner all agreed today that sustained modernization funding is necessary to bring the agency up to date and meet mission critical objectives. […]