Ron Wyden

The legislation aims to reduce inequality by giving more entrepreneurs access to capital through tax incentives.

Three top Senate Democrats released a proposal to overhaul the U.S. international tax system that could shape the outcome of the global tax revamp that the White House is pursuing to fund infrastructure spending.

Sen. Ron Wyden, D-Oregon, who is chairing the Senate Finance Committee now that Democrats have won control of the Senate, described some of his policy priorities, including the tax area where his committee has oversight.

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

The leaders of the Finance Committee sent a letter asking for a briefing on whether taxpayer files were breached in the cyber attacks.

The top Republican and Democrat on the Senate Finance Committee said the Treasury Department “missed the mark” in new guidance that limits tax breaks for businesses that get their Paycheck Protection Program loans forgiven.

Chuck Schumer and Ron Wyden have asked internal watchdogs to investigate whether there’s been political interference in audits of the president's returns.

A group of Senate Democrats introduced legislation to offer tax relief to individuals, businesses and states affected by catastrophic wildfires and other presidentially declared disasters.

Democrats on the tax-writing House Ways and Means Committee introduced a bill to overturn President Trump’s executive action to defer payroll tax contributions, along with a resolution of disapproval that’s being coordinated with Democrats in the Senate.

The Internal Revenue Service has completed its first settlement order with the operator of a syndicated conservation easement scheme as part of a broader crackdown on what the IRS views as abusive tax scams.