Ron Wyden

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.

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

The legislation would retroactively extend tax provisions that expired at the end of 2017 and 2018 through the rest of 2019.

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

Senate Democrats are accusing the Trump administration of hastily redoing the tax withholding tables last year, harming taxpayers and causing them to owe taxes this year.

Wyden urged the president to accept the funding compromise on border security, or else risk delaying tax refunds.

A senator and a representative from Oregon aim to bring state and national cannabis laws into greater alignment.

For the week ending Feb. 1, 2019, the service received 16,035,000 returns, compared to 18,302,000 returns last year, a 12.4 percent decrease.

Senators Chuck Grassley and Ron Wyden asked to keep the program going for tax practitioners in the wake of the government shutdown.

The top Democrat on the Senate Finance Committee is questioning officials about how taxpayer assistance, cybersecurity, operations and tax refunds will be affected.

The top Democrat on the Senate Finance Committee wants the service to waive the penalties that he expects to hit millions of workers and families.

House Ways and Means Committee Chairman Kevin Brady has given up on an additional round of tax cuts. Now, the only tax item he might be able to get passed this year is something he hates: the annual renewal of prized industry tax breaks.