Treasury Department

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.

The new excise tax under the One Big Beautiful Bill Act will impose new costs on remittances sent by immigrant workers to family members abroad.

The Internal Revenue Service and the Treasury released final regulations on the new tax deduction for tipped employees under the One Big Beautiful Bill Act.

The IRS and Treasury are providing guidance on how states, territories and the District of Columbia can nominate census tracts to be qualified opportunity zones.

Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.

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.