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

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

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

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

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

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

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

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

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

Republican tax writers boosted pressure on the rest of their party on Tuesday to pass tax cuts as their top legislative ...

The House Freedom Caucus broke with Republican leadership on Thursday as it reiterated its preference for a two-step approach ...

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