Treasury Department

The Internal Revenue Service has decided to once again expand a program that allows retirement plans to receive determination letters after announcing four years ago it was curtailing the program.

Treasury Secretary Steven Mnuchin again refused to release the president's tax returns to House Democrats, arguing that the Democrats’ stated legislative purpose hides their real intent.

The National Treasury Employees Union is worried about the impact of proposed budget cuts on the agency’s ability to deal with taxpayers.

Treasury Secretary Steven Mnuchin said a request from House Democrats for President Donald Trump’s tax returns is under review and that "we will follow the law."

The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report.

The Internal Revenue Service needs to do a better job of managing its employees in the wake of budget cuts that have forced the IRS to severely reduce tax audits, or else it could be putting its mission at risk, according to a new report from the Government Accountability Office.

The U.S. Treasury Department is again reducing penalties for taxpayers who didn’t pay enough of their tax bill throughout the year.

The Internal Revenue Service is working on a new study analyzing the 62-year-old rules for corporate spinoffs.

The Treasury Department finalized the repeal Thursday of 296 obsolete or duplicative tax regulations in response to President Trump’s executive orders.

The head of the Taxpayer Advocate Service at the IRS for 18 years will be retiring at the end of July.

A letter from a senior official to Senate Democrats throws cold water on any extra relief for taxpayers.

Average tax refunds are down so far in the first filing season under President Trump’s tax overhaul, prompting the Treasury Department to caution that the data contain aberrations and could be misleading.

The Institute has some recommendations about ways to improve the proposed regulations for implementing limitations under the Tax Cuts and Jobs Act.

The Treasury Department is defending the declining numbers of tax refunds, saying taxpayers already saw the benefits of the new tax law in their paychecks.

The Treasury and the IRS have offered a method to keep up with changes made by the Tax Cuts and Jobs Act.

Right or wrong, the drop in expected refunds is creating fear and anger in accountants’ waiting rooms.

The American Institute of CPAs is asking the IRS and the Treasury for additional relief for taxpayers who didn't adjust their withholdings last year for the Tax Cuts and Jobs Act.

The American Institute of CPAs sent a letter to officials at the IRS and the Treasury, a day before President Trump announced a temporary deal.

As the U.S. government shutdown continues, one potential consequence of it threatens to disrupt the supply of T-bills.

Lawmakers want to know how the longest government shutdown in history will affect one of the most critical tax filing seasons. But it’s unlikely they’re going to get any answers this week.