A controversial provision in Trump's tax bill aimed at penalizing countries with "unfair" tax regimes is unlikely to disrupt U.S. bond and stock markets.

The House version of the massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households.

The Treasury Department and the IRS are giving brokers additional time to comply with requirements to withhold taxes on digital asset sales.

The International Financial Reporting Standards Foundation has posted profiles of 17 of the 36 jurisdictions that have either adopted or used the disclosures.

The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.

The sale of federal land would provide billions of dollars to help pay for the massive package of tax cuts in the Senate's version of the bill.

A $30,000 cap on the state and local tax deduction would be a compromise between current law and the more generous limit in the House's version of the bill.

The Section 899 "revenge tax" in President Trump's massive tax and spending bill may be delayed as it faces pushback from Wall Street and businesses.

The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax mega bill passed by the House.

Rev. Proc. 2025-23 updates the list of 'automatic procedures' for changes in methods of accounting.