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The executive order aims to strengthen accountability over the spending of taxpayer funds through improved oversight and coordination of grantmaking.

The bureaucratic burden is a less-discussed consequence of Trump's move to hike import taxes to a hundred-year high.

Trump told reporters that the U.S. would appeal to the high court for relief because "it would be a devastation for our country" if the appeals court ruling was left in place.

The legislative drive, still in the early stages, lacks the urgency that the year-end expiration of 2017 tax cuts provided to speed Trump's signature tax law.

Trump threatened to impose fresh tariffs and export restrictions on countries that have digital services taxes or regulations that harm American tech companies.

President Trump threatened to inflict "substantial" tariffs on countries that impose digital taxes just days after Facebook CEO Mark Zuckerberg raised concerns.

The governor is seeking to complete his project of remaking Florida into a conservative paradise with perhaps his riskiest wager yet, leveraging audits.

With India bracing for 50% tariffs on its exports to the U.S. from Wednesday, Modi's government is speeding up policy changes such as the GST overhaul.

The European Union hit back at President Trump's claims that digital regulations abroad are unfair after he threatened to impose tariffs and other penalties.

The use of multiple entities as a means of shifting a high net worth client's yearly income could help rack up bigger breaks, with some caveats.

Former DOGE member Joe Gebbia's mandate as the nation's first chief design officer may include redesigning income tax forms.

President Trump's move to extract a 15% sales tax from Nvidia on semiconductors sold in China did nothing to damp investor enthusiasm for the world's most valuable company.

Even the wonkiest experts are struggling to keep up with the latest macroeconomic data. Here are the key factors to watch in the coming months.

President Trump has removed Billy Long as commissioner of the Internal Revenue Service in the latest sign of turmoil at the embattled agency.

Treasury Secretary Bessent will serve as acting commissioner, as President Trump plans to nominate Long for an ambassadorship.

But the new rules for deductions, capital-gains exclusions and estate planning merit a lot of strategic discussions for financial advisors and entrepreneurial clients.

The multitrillion-dollar tax law signed last month hikes the tax on income from endowments for some of the wealthiest private schools.

The top Democrat on the Senate Finance Committee wants information about whether the IRS has done any audits or investigations of Epstein's tax planning work.

The One Big Beautiful Bill Act presents some complexities for wealthy families, alongside its extension and expansion of provisions in the Tax Cuts and Jobs Act.

Trump urged Keir Starmer to extract more oil from the North Sea and criticized U.K. taxes on fossil fuels in his latest attack on the prime minister's policies.