Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...

Scott Bessent, President-elect Donald Trump‘s nominee for treasury secretary, defended the Trump tax cuts during his ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

For the 2025 tax filing season, the IRS is expanding several modernization efforts. But potential budget cuts on the table ...

Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Donald Trump ... put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid a government shutdown, and further cuts to its ...

House Republicans are pushing for extensions of the 2017 tax cuts enacted by President-elect Donald Trump. Here's what to ...

IRS Commissioner Daniel Werfel said in a letter to IRS workers on Friday that he intends to step down from his position on ...

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion ...

The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for ...