US Internal Revenue Service Commissioner Danny Werfel said he would resign with nearly three years left in his term, The Wall Street Journal reported on Friday. "I had to recognize that the incoming team wanted to go in a new direction,

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.

Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.

Danny Werfel, Biden’s pick to transform the tax agency, planned to exit after Trump announced intent to replace him.

IRS Commissioner Danny Werfel told staff his early departure would be the best thing for the agency given that Trump has already announced his intention to install a replacement. Werfel could have stayed in the role and forced Trump to fire him,