Treasury Department

The Internal Revenue Service confirmed Treasury Secretary Scott Bessent's term as acting IRS commissioner has expired, although he will continue to oversee it.

The pilot program for the new Trump accounts will deposit $1,000 into the accounts of children born between 2025 and 2028.

Proposed regulations aim to making it simpler for digital asset and crypto brokers to provide the Form 1099-A electronically, instead of sending paper copies.

The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.

The Institute asked for guidance from the IRS and the Treasury on the Trump Accounts for newborns as well other provisions of the One Big Beautiful Bill Act.

Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.

The IRS and the Treasury released interim guidance on a special depreciation allowance for qualified production property under the One Big Beautiful Bill Act.

The American Institute of CPAs is asking the Treasury and the IRS for further guidance on the rules for deducting domestic research and development expenses.

The Treasury Department released interim guidance on the corporate AMT, further restricting the reach of the 15% tax on billion-dollar corporations.

The Institute is asking the Treasury and the Internal Revenue Service to simplify the "determine and document" requirement for taxes charged to CFCs.

The Trump administration issued new guidance on the use of foreign materials and components in U.S. clean energy projects.

The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" provide material assistance.

Trump suggested he could exert pressure on Attorney General Pam Bondi and Treasury Secretary Scott Bessent, saying there had "never been anything like it."

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.