White House: Trump to Nominate Tax Attorney for IRS Commissioner

WASHINGTON (Reuters) – President Donald Trump will nominate a tax attorney who has advised both the U.S. government and the state of California on revenue to lead the Internal Revenue Service as it implements a radical overhaul of the country’s tax system, the White House said on Thursday.

Hostess Gives Employee Bonuses Because of Tax Cuts

Hostess Brands Inc.—which has long fed America’s sweet tooth through its production of Twinkies, Ho-Hos, and Ding-Dongs—announced Wednesday that corporate and hourly employees will each receive $1,250 in bonuses because of savings being generated by the Republican tax reform initiative.