Treasury Department

The lawsuit by a sitting president against the government he leads puts Trump in a highly unusual position in the case.

The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act.

The Internal Revenue Service and the Treasury said the payment of $1,776 for members of the military announced by President Trump last month would not be taxed.

The Treasury and the IRS issued proposed regulations to revise the threshold for when third-party settlement organizations need to perform backup withholding.

The U.S. and more than 100 other countries finalized an agreement that would exempt American companies from some foreign taxes.

Trump administration officials are confidently forecasting that Americans will see the largest refunds next filing season thanks to the tax cuts in the OBBBA.

Trump's aides are discussing making the Treasury chief the top White House economic advisor, in addition to his current job, plus acting IRS commissioner.

The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to organizations that give scholarships.

The IRS and the Treasury released interim guidance giving new tax benefits to banks that provide loans secured by rural or agricultural real property.

The Treasury Inspector General for Tax Administration will examine the workforce reductions by the Trump administration and the elimination of paper checks.

The Organization for Economic Cooperation and Development's framework for international taxes has been coming under pressure in recent months from a U.S. stance.

Among the targets of the audit is a business development program designed to serve socially or economically disadvantaged individuals.

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on the new reporting requirements.

The Internal Revenue Service is proposing to remove the domestic corporation look-through rule for real estate investment trusts controlled by foreign investors.

The proposed regulations will provide a rule for determining the source of borrow fees paid in securities-lending transactions and sale-repurchase transactions.

A tax specialist at the department, Derek Theurer will take over the deputy secretary duties of Michael Faulkender, who left in August.

The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown.

The Treasury and the IRS issued guidance on qualified OZ investments in rural areas under the One Big Beautiful Bill Act.

The plan estimates up to half a workday would be needed to complete shutdown activities.