Trump administration

The move toward a federal tax credit for movies involved unlikely bipartisan coalition of lobbyists, producers, moguls, and politicians and a president who was a former reality TV star.

Interior Secretary Doug Burgum pointed to "trillions of dollars" in foreign investment, along with lower taxes and fewer regulations, as potential sources.

A federal appeals court upheld a lower court order preventing the IRS from sharing massive amounts of taxpayer data with Immigration and Customs Enforcement.

The Trump administration would try to lower the federal budget deficit through Congress by the end of this year if Democrats are able to flip either chamber in the midterms.

The Trump administration moved to further limit immigrants' access to the refundable portion of four tax credits aimed at aiding students, workers and families.

The U.S. will collect duties of between 10% and 12.5% on imports from most major trading partners, reconstructing the tariffs struck down by the Supreme Court.

Blanche said he didn't know who at the Justice Department wrote the language providing immunity from tax audits, though he signed the agreement approving it.

A federal judge ruled that President Donald Trump's lawsuit against the Internal Revenue Service was a "bad faith" attempt to manipulate the judicial process.

A three-day hearing on the U.S. Trade Representative's latest plan to impose tariffs on major trading partners kicks off in Washington on Tuesday.

The tax-advantaged accounts are available to all minors who are U.S. citizens, with a $1,000 seed contribution for children born between 2025 and 2028.

The Treasury is considering rules on taxation of college endowments and changes to treatment of R&D costs, bonus depreciation and caps on business interest deductions.

As the July 4 launch date nears when clients can start contributing to Trump accounts, advisors discussed pros and cons of this method to save for children.

Money flowing into President Donald Trump's newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.

The blockbuster decision puts the White House firmly in control of potentially dozens of agencies that have long operated independently.

His administration wants the rebuilt wall of import taxes to mirror those Trump put on every major trading partner at the beginning of his second term.

La Padula led the firm's workplace solutions business, and will leave the bank after more than two decades to take a senior role at the Internal Revenue Service.

The U.S. residential solar industry is cratering after President Donald Trump eliminated a key tax credit for homeowners to install solar panels last year.

Individual tax withholdings plus Social Security and Medicare taxes collected increased to $286 billion in May from $247 billion last year, while corporate tax receipts were down 67%.

The president's decree dramatically increasing the cost of the popular visa is an unlawful tax and must be vacated, the judge said in a ruling.

The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.