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Treasury Secretary Scott Bessent said on Tuesday that he thought an extension of President Trump’s 2017 tax cuts could be ...
Letting the tax cuts expire would result in the single most significant tax increase by dollar amount in history, an ...
The Treasury Department says the agreement will help carry out Trump’s agenda to secure U.S. borders and is part of his ...
Sole traders and landlords will have to start reporting their earnings digitally on a quarterly basis to HMRC from April 2026 ...
Allowing the tax cuts to expire would result in the single most significant tax increase by dollar amount in history, an estimated $4.6 trillion revenue increase over a decade, from fiscal year 2025 ...
Larry Summers said Trump's cuts to the IRS could cost the government $1 trillion. A Yale economist told BI that's a ...
Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.
The lawmakers asked the Treasury Department and the IRS to respond to their demands to preserve Direct-File by May 5.
President Donald Trump's administration may seek to revoke the tax-exempt status of nonprofit institutions and endowments ...
The Inflation Reduction Act lets companies sell their clean energy tax credits for cash. Now that benefit is at risk.
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants ...