Treasury Department

The Internal Revenue Service slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.

The Treasury's Financial Crimes Enforcement Network issued an alert about fraud schemes targeting student aid programs administered by the federal government.

A top official at the Internal Revenue Service and the Treasury Department was reportedly ousted after raising concerns over political influence over audits.

The Treasury is considering rules on taxation of college endowments and changes to treatment of R&D costs, bonus depreciation and caps on business interest deductions.

Money flowing into President Donald Trump's newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.

There's a safe harbor for gift tax reporting, but the American Institute of CPAs recommends families educate themselves as the accounts go live July 4.

The Treasury's Financial Crimes Enforcement Network limited access by federal agencies to the information reported by companies amid lawsuits and rule changes.

The Internal Revenue Service and the Treasury Department plan to issue proposed regulations for qualified opportunity zones under the TCJA and the OBBBA.

Individual tax withholdings plus Social Security and Medicare taxes collected increased to $286 billion in May from $247 billion last year, while corporate tax receipts were down 67%.

The administration won't move forward with the fund, a key pillar of the agreement with the IRS and Treasury Department over leaks of Trump's tax information.

New guidance provides transition relief, grandfathering protection and delayed implementation for taxing income of foreign governments investing in U.S. businesses.

The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.

The American Institute of CPAs expressed support for legislation limiting the reporting of U.S. businesses' beneficial ownership information to FinCEN.

The American Institute of CPAs sent a list of nearly 200 recommendations to the Internal Revenue Service for the IRS's 2026-2027 Priority Guidance Plan.

Individual and corporate tax receipts dropped in the wake of President Donald Trump's signature tax cut legislation.

The IRS and the Treasury posted temporary regulations and a notice of proposed rulemaking outlining a new way to recover federal excise taxes paid on dyed fuel.

A judge questioned whether the president's lawsuit against the IRS and Treasury can proceed with Trump effectively in control of both sides of the litigation.

The Treasury Department said the IRS will be revising the Form 990 to uncover fraud and hidden sources of funding at tax-exempt organizations.

Wall Street strategists expect a robust increase in the Treasury's coffers this week as Americans pay their taxes.

The IRS declined to include accountants or tax preparers as qualified occupations, despite support in public comments.