Laura Davison

The president-elect has announced members of his senior leadership team at the Treasury, who'll work alongside Scott Bessent, his pick for secretary.

In his meeting, Vance touted Trump's pledges to lower taxes and argued for the Republican nominee's tariff policies.

Whichever candidate wins the White House in November will have to contend with tax negotiations in 2025 with the personal income tax cuts in Trump's 2017 law set to expire unless Congress acts.

An overwhelming 77% of voters in the seven states that will decide the 2024 presidential election like the idea of a billionaires tax to bolster Social Security shortfalls.

Fully 69% of registered voters in seven swing states say they favor higher taxes on billionaires, and on people who make more than $400,000 a year.

President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight.

President Joe Biden will propose increasing the minimum rates paid by major corporations to 21% and eliminating breaks for companies with high-paid executives Thursday night.

Biden's team agreed to trim $21 billion over a decade from IRS enforcement and $28 billion from prior COVID spending.

President Joe Biden and First Lady Jill Biden paid $169,820 in federal and state income tax on a combined $579,514 in adjusted gross income, according to their annual tax returns.

President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.

The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.

The president is proposing a series of tax increases on billionaires, rich investors and corporations.

Rep. George Santos' first bill in Congress aims to boost the deduction from $10,000 to $50,000.

The former president papered the IRS with a deluge of Freedom of Information Act requests in search of a behind-the scenes look at its deliberations.

This year should be a better experience for taxpayers, with the IRS receiving additional funding, adding 5,000 customer service representatives, and reducing a large backlog of tax returns.

The House voted to repeal billions of dollars of Internal Revenue Service funding that Democrats approved last year, an issue that is likely to crop up repeatedly this year.

Rep. Jason Smith will lead the powerful House Ways and Means Committee.

The earliest the information would be released is Dec. 27.

The Internal Revenue Service would be legally mandated to annually audit the president and publish the results under legislation passed by the House.

Dozens of audit triggers litter Donald Trump's tax returns, according to Congress's top nonpartisan tax lawyers.