Bloomberg News

Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.

The ruling could present a new obstacle for Republicans who are relying on the revenue to help offset the cost of a $4 trillion tax cut moving through Congress.

Morgan Stanley denied allegations by the Dutch Public Prosecution Service that it evaded tax on almost $1 billion worth of dividends more than a decade ago.

President Donald Trump is granting pardons to reality television stars Todd and Julie Chrisley, who were convicted of fraud and tax evasion.

Elon Musk expressed dissatisfaction with President Donald Trump's giant tax bill, saying it undercut his efforts to slash government spending.

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

Investors in nations with tax regimes that the U.S. deems unfair would face higher tax rates on income earned in the U.S. if the tax bill becomes law.

The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.

The reconciliation process allows tax and spending legislation to pass with a simple majority in the Senate, but the bill still needs to survive the Byrd Rule.

The bill would levy a 5% tax on remittances for noncitizens and foreign nationals, on top of a roughly 5% to 10% fee already charged on the payments.

The Financial Reporting Council found EY "demonstrated a complete lack of professional skepticism" and failed "to be alert to conditions that may have indicated possible fraud."

EY continued to audit NMC Health Plc despite suspicions that management withheld key documents that revealed its true debt position.

By agreeing to share taxpayer data at all, the Internal Revenue Service is taking an unprecedented step that breaks with longstanding assurances.

The move would constitute "a complete death" for energy projects that rely on global supply chains for solar cells, magnets, batteries and other materials.

Rep. Nicole Malliotakis said there's an "opportunity" to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.

The cost of the draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher.

Rep. Jason Smith said lawmakers from high-tax states should support the $30,000 limit his committee put on the state and local tax deduction.

Key Senate Republicans are resisting the House's plan to gut clean energy tax credits, vowing to soften the blow for emerging technologies and nuclear power.

A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump's massive tax and spending bill.

President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.