Treasury Department

Scott Bessent, President-elect Donald Trump's pick to serve as Treasury secretary, is aiming to build support for his nomination

An injunction from a federal court has paused CTA enforcement, but not eliminated the possibility of it in the future.

Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts, many of which are set to expire at the end of 2025.

Hedge fund executive Scott Bessent, Apollo Global Management executive Marc Rowan and former Federal Reserve Governor Kevin Warsh remain among the leading contenders for the post.

The transition group is strategizing on how to pass another sweeping tax bill next year,

The final regulations provide a long overdue update to rules that had been in place since at least the 1950s, and even the 19th century.

Taiwan's firms see high U.S. taxes as a major impediment to additional investment in America.

The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.

The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.

The Treasury's Financial Crimes Enforcement Network has created an online toolkit to help small businesses comply with the new beneficial ownership reporting requirements.