
Laura Davison
Capitol Hill tax reporterLaura Davison is a Capitol Hill tax reporter at Bloomberg News
Laura Davison is a Capitol Hill tax reporter at Bloomberg News
The service is under pressure from lawmakers to stop penalties and pause automated collections from taxpayers who have been caught in a processing backlog.
American competitiveness is at stake, according to a top U.S. Treasury official.
Families claiming the Child Tax Credit and newly self-employed Americans are among filers likely to see the biggest challenges this year.
Several House Democrats promise to sink President Biden’s economic agenda if doesn't include an expansion of the federal deduction for state and local taxes.
Millions of American families came to depend the advanced credit amid a surge in the cost of living and the continued spread of COVID-19.
Sen. Ron Wyden is targeting Top 15 Firm Baker Tilly and others in an investigation into whether opportunity zone investments are benefitting low-income areas as intended.
A senior Democrat is expanding his inquiry into whether some college football coaches' compensation packages run afoul of laws for tax-exempt organizations.
When filing season begins in two weeks, taxpayers should be prepared for delays as returns and refunds are processed, and for difficulties in reaching the IRS.
Democrats risk losing their edge in key suburban districts amid a stalemate that threatens plans to expand a tax break for well-off homeowners.
Senate Majority Leader Schumer is vowing to bring a revised version of the $2 trillion tax, climate and spending package to a vote as soon as this month.