Caitlin Reilly
Congress reporterCaitlin Reilly is a Congress reporter at Bloomberg.
Caitlin Reilly is a Congress reporter at Bloomberg.
The GAO estimates on tax fraud were its first effort to calculate such losses.
The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.
The Trump administration moved to further limit immigrants' access to the refundable portion of four tax credits aimed at aiding students, workers and families.
The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales.
Americans using prediction markets to bet on the World Cup may face less tax burden than peers wagering through sportsbooks thanks to investment tax breaks.
Representative Mike Lawler, a key negotiator behind the temporary increase to the cap on state and local tax deductions, pushed back on efforts to expand it.