The Treasury Department is implementing President Donald Trump’s No Tax on Car Loan Interest policy, a measure designed to lower costs for American families, Treasury Secretary Scott Bessent said Wednesday.

Millions of borrowers are set to have their tax refunds seized by the government due to outstanding defaulted federal student loans.

Millions of Americans may see the "largest tax refunds of their lives" due to President Donald Trump's forward-thinking reforms, U.S. Treasury Secretary Scott Bessent said on Jan. 8.

The proposed regulations issued today relate to a new deduction for interest paid on vehicle loans incurred after Dec. 31, 2024, to purchase new made-in-America vehicles for personal use. This new tax benefit applies to both taxpayers who take the standard deduction and those who itemize deductions.

Janet Yellen told Newsweek that exempting U.S. firms from new global taxation rules had sacrificed "significant tax revenue.”

Treasury Secretary Scott Bessent predicted "gigantic" tax refunds of $1,000-$2,000 for many Americans filing in 2026 due to Trump's tax cuts.

The BARCODE Efficiency Act is a companion to 2025 Senate legislation requiring scannable code on paper forms and the use of optical character recognition tech.

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has notified some money services businesses they are under investigation for alleged fraud as part of a crackdown on federal social benefits abuses in Minnesota,

The Treasury and the IRS issued proposed regulations to revise the threshold for when third-party settlement organizations need to perform backup withholding.