Behind the Veil: A Bloomberg Briefing on the IRS and State Tax Agencies in 2025

The US Internal Revenue Service, and many state tax agencies, have begun to thrive again after four years of a Biden presidency. On January 20th, however, a new day will dawn and a Republican trifecta will likely be gunning for tax collectors. The fate of Direct File, the IRS' free filing program, hangs in the balance and state tax working-from-home issues could return to the center of the debate. What else does that political transition suggest for the next four years? More than we can possibly fit into an hour. Join Erin Slowey and Danielle Muoio Dunn, reporters with the Bloomberg Industry Group, and Andrew Silverman, senior tax policy analyst with Bloomberg Intelligence, in discussing what the changes that may come to the IRS and states' tax agencies may mean for US taxpayers.