Treasury Department

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.

Thousands of Internal Revenue Service employees are being ordered back to work, without pay, only so President Trump can avoid the political embarrassment of delayed tax refunds, a federal workers’ union claimed.

Taxpayers who miscalculated how much they’ll owe the Internal Revenue Service this year won’t get hit with penalties — up to a certain point.

Americans may get their refunds during the shutdown, but the upcoming filing season is likely to be one of the rockiest in decades.

The Treasury released a revised shutdown contingency plan that recalls more than 46,000 agency employees.

Obamacare coverage could fall prey to the shutdown, lawmakers caution.

The IVES program employed by mortgage lenders is back up and running, with user fees helping pay the salaries of IRS employees working in the unit.

A provision of the Tax Cuts and Jobs Act imposes a tax on excess payments and remuneration of top officials at tax-exempt organizations.

The Internal Revenue Service has issued final regulations implementing the centralized partnership regime, allowing the IRS to audit large partnerships, such as hedge funds and private equity firms, more easily.

Treasury Secretary Steven Mnuchin attempted to salve worries about the federal government’s partial shutdown.

Changes in the Tax Cuts and Jobs Act impose new taxes on groups like churches and charities that offer free parking to clergy and employees.

Wealthy taxpayers taking advantage of the increased limits won’t have to worry about them expiring so soon.

The Internal Revenue Service issued a notice Monday saying it is developing guidance on integrated health reimbursement arrangements and how taxpayers and businesses can avoid extra penalties and payments.