Richard Neal

The Internal Revenue Service and the Treasury Department have reversed course on requiring senior citizens to file a “simple tax return” in order to receive a stimulus payment as part of the coronavirus package passed by Congress last week.

The sharp divergence between Republicans and Democrats over the 21 percent corporate income tax rate was on display Tuesday at the House Ways and Means Committee as Democrats began making the case for a large increase should their party succeed in November’s elections.

President Donald Trump has put impeachment behind him, but he’s got another battle ahead with Democrats that’s been brewing for almost a year: access to his tax returns.

The president should have a chance to block House Democrats from obtaining his New York state tax returns, a federal judge decided, in a boost for the president as he fends off other subpoenas for his financial records while facing an impeachment inquiry.

A federal judge indicated he would allow House Democrats to proceed with a lawsuit that seeks to obtain the president’s tax returns from the Treasury Department.

Sen. Ron Wyden, D-Ore., the top Democrat on the Senate Finance Committee, teamed up with several of his fellow Democrats on new legislation and investigations of reported abuses of the opportunity zone tax break for real estate investors.

Treasury’s inspector general is investigating how the department handled a request from Congress to turn over President Donald Trump’s tax returns, which was rejected by Treasury Secretary Steven Mnuchin.

They say the political process is more appropriate than the courts.

The administration claims the Committee on Ways and Means — controlled by Democrats — is improperly attempting to enlist the judiciary in its fight with the Executive Branch.

The U.S. judge hearing a lawsuit to block New York from turning over Trump's tax returns to House Democrats told the state to wait until after he rules.

President Donald Trump asked a federal judge for an emergency order keeping House Democrats from getting — or even asking for — his New York State tax returns.

The president sued to block the Democrat-led U.S. House Ways and Means Committee from obtaining his tax records from New York state.

Lawyers for House Democrats are looking at a New York law that would give them a route to access President Donald Trump’s state tax returns.

New York Governor Andrew Cuomo signed into law a measure that would give key members of Congress the ability to request the president’s state returns.

A judge has been assigned to a lawsuit by congressional Democrats seeking access to the president’s tax returns.

House Democrats asked a U.S. court to force the Treasury Department to turn over six years of President Donald Trump’s personal and business tax returns.

The timeline is fluid, however, and could stretch on for months.

A U.S. House committee approved a package of bills that provide tax breaks for a variety of select industries and constituencies, kicking off what’s likely to be a protracted negotiation with Senate Republicans over whether and how to pay for them.

Democratic presidential candidates like Joe Biden and Kamala Harris have talked about repealing the GOP’s tax overhaul. Yet a large-scale rollback is unlikely. Instead, two other forces could slowly unravel the law — Democrats currently in power in the House and President Donald Trump’s trade policies.

House Democrats clamoring for Donald Trump’s tax information have eagerly awaited a newly passed New York law allowing limited access to the president’s state returns.