Steven Mnuchin

President Donald Trump announced Thursday his intention to designate Assistant Secretary of the Treasury for Tax Policy David Kautter as acting commissioner of the Internal Revenue Service.

Treasury Secretary Steven Mnuchin got a swift rebuttal after he went on national television to claim a hypothetical Indiana family would save $1,000 under President Donald Trump’s tax plan.

Senate Finance Chairman Orrin Hatch emerged from a bipartisan meeting with President Donald Trump saying there’s a chance that a bipartisan tax bill could emerge from his committee.

Treasury Secretary Steven Mnuchin said the stock market will probably see its gains wiped out if lawmakers fail to deliver planned tax cuts that will benefit corporate America.

Cutting the corporate tax rate to 20 percent, as President Donald Trump has proposed, would increase average household income by at least $4,000 a year, according to estimates in a White House study.

Senator Susan Collins says she’s leaning toward supporting a fiscal 2018 Senate budget resolution that’s key to the Republican effort to pass a major tax overhaul without the need for Democratic votes.

President Donald Trump will try to make the case that corporate tax breaks would benefit middle-class wage earners Wednesday evening—and an excerpt of his speech suggests he’ll use a measure of salesmanship.

The Treasury Department plans a set of actions to reduce eight tax regulations it identified earlier this year as burdensome.

Experts at Bloomberg BNA highlight the most important changes the Republican leaders’ nine-page proposal could lead to.

Donald Trump soon will get to choose a new leader for the IRS, a person who may have two high-profile and sensitive jobs: helping implement the president’s proposed tax cuts and overseeing an audit of his tax returns.