Trump administration

Trump downplayed the likelihood that Republican lawmakers will be able to add tax cuts or other economic priorities to entice voters ahead of the midterms.

More than 4 million children have been signed up for Trump accounts — but millions more are eligible.

A clear pattern is emerging of sectors that stand to win the most from the deductions and special preferences in the One Big Beautiful Bill Act.

Efforts to take advantage of the dramatic expansion of the Low-Income Housing Tax Credit have bumped up against some unintended consequences, say investors and developers.

The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.

The Trump administration's interim guidance on clean energy tax credits offered some relief to the industry by laying out a manageable path for new projects.

The Trump administration issued new guidance on the use of foreign materials and components in U.S. clean energy projects.

The Internal Revenue Service improperly disclosed confidential taxpayer information on immigrants to the Department of Homeland Security.

The White House Council of Economic Advisers released a research study analyzing the economic impact of state income tax elimination.

The Internal Revenue Service posted a fact sheet about its move away from paper checks to electronic payments for taxes and tax refunds.

From the decline of the 150-hour rule to staff cuts at the IRS and the ongoing impact of PE, the last 12 months have been very busy for the profession.

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.