Ron Wyden

A group of 42 Senate Democrats has sent a letter to Treasury Secretary Steven Mnuchin, urging him to refrain from unilaterally cutting capital gains taxes without congressional approval.

The Trump administration hasn’t committed yet to index capital gains to inflation, even as White House officials continue to pursue the plan.

Lawmakers overcame objections from Sen. Rand Paul who had held up the treaties over fears that they could jeopardize U.S. taxpayers’ privacy.

The move could be a prelude to new tariffs under the Trump administration.

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

If liberal and conservative advocacy groups can agree on anything, it’s this: A suite of more than three dozen or so corporate tax breaks that have expired over the past two years should stay dead.

The Senate passed the far-reaching package only days after it passed the House for the second time, sending it to President Trump’s desk for his signature.

The House voted for a second time to approve bipartisan legislation to overhaul key aspects of the way the IRS operates, but without a controversial provision.

Tax practitioners are strongly in favor of weeding out the incompetent and unethical.

Sen. Ron Wyden, D-Ore., introduced the legislation in response to the recent college admissions scandal.

The Democrat has few other mechanisms to pursue the president's tax returns in the Republican-controlled Senate.

Republicans and Democrats will be working on the perennial problem of what to do about the temporary tax breaks that need to be renewed every few years.

The top Democrat on the Senate Finance Committee sent letters to the Treasury Secretary and IRS Commissioner requesting information on their refusal to provide the president’s tax returns and related documents.

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said they would identify funding sources for the plan at a later meeting.

Sen. Ron Wyden, D-Ore., and Ben Cardin, D-Md., introduced legislation Thursday to require minimum standards for paid tax preparers and rescind Preparer Tax Identification Numbers of incompetent and fraudulent practitioners.

The Republican and Democratic leaders of the Senate Finance Committee, chairman Chuck Grassley, R-Iowa, and ranking member Ron Wyden, D-Ore., are asking the Internal Revenue Service to crack down on the people involved in the recent college admissions scandal.

The top Democrat on the Senate Finance Committee, Ron Wyden, is reviving a plan that would tax wealthy individuals annually on their investments, instead of when those assets are sold.

Leaders of the Senate Finance Committee launched a probe into a tax scam that siphons billions of dollars away from the federal government.

The Treasury Department and the Internal Revenue Service are lowering the withholding underpayment threshold to 80 percent.

A top Senate Democrat is looking to end tax breaks for college donations that parents may be making to universities in an attempt to get their children admitted.