Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

A letter urges an exception to the current “all or nothing” approach that prevents U.S. companies from deducting any part of ...

The U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring ...

The new guidance grants employees and employers “transition relief” until Jan. 1 of the first calendar year after final rules ...

The United States Department of the Treasury and the Internal Revenue Service (IRS) have issued new guidance allowing crypto exchange-traded products (ETPs) to stake digital assets and share staking ...

Officials have disclosed that 1,446 employees at the Department of the Treasury received reduction-in-force notices, with ...

A new U.S. Treasury proposal would classify certain tax credits as federal public benefits, which could prevent many ...

Treasury chief Scott Bessent has repeatedly brought up how he expects Americans to ring in the new year in part by reducing ...

Social security recipients and other federal beneficiaries who do not normally file a tax return can expect to see a direct payment from the IRS and the Treasury Department this weekend. According to ...

The IRS tech chief told staff this summer that the agency needed to “reset and reassess,” because more than 25% of its workforce left the agency this year.

The order paused the policy that established the sharing of taxpayer data pending further review, and preliminarily enjoined ...