Trump administration

The release coincides with a $6.25 billion donation from Michael Dell and his wife to kickstart the savings program.

In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act deductions.

The issues concern the constitutional division of taxing power, the potential role of Congress in determining trade rules, and costs to businesses and households.

Pressure from political activist Laura Loomer apparently torpedoed the nomination of Donald Korb, who had previously served as chief counsel under President George W. Bush.

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced funding, and the shutdown will be felt during the 2026 tax filing season and perhaps beyond.

The former Met and Dodger was indicted in 1995 and pled guilty over his failure to report $350,000 in income from autographs and sales of memorabilia.

Three members of the conservative majority questioned Trump's use of an emergency-powers law to collect tens of billions of dollars in tariffs a month.

If a political appointee tried to demand a probe of a left-wing donor, they would not only violate the law but also trigger a criminal reporting requirement.

Democrats are asking TIGTA to investigate reports that the administration plans to have the Internal Revenue Service target left-leaning nonprofits and donors.

The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don't get hit with a huge tax bill.

Employee benefit planners need to be thinking about the OBBBA and other Trump administration initiatives.

The Internal Revenue Service and Treasury Department's phase out of paper refund checks for individual taxpayers is the first step in an earlier announced order to more widely transition to electronic payments.

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.

The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for payments by the end of this month.

The executive order aims to strengthen accountability over the spending of taxpayer funds through improved oversight and coordination of grantmaking.

The bureaucratic burden is a less-discussed consequence of Trump's move to hike import taxes to a hundred-year high.

Taxpayers' personal data should be carefully protected — from the rest of the government, when necessary.

As new tariff rates kick in for imports after months of delays and reverses, accounting and finance professionals are trying to assess the complexities.

The Trump administration's big tax legislation has plenty for the real estate industry to like, says an expert from Baker Tilly.

Government contractors are feeling the revenue effects of executive orders from the Trump administration and cuts from the Department of Government Efficiency.