Trump administration

Using EBITDA – which is typically bigger than EBIT — would generate heftier tax deductions.

While Congress and the Trump administration seem to want major tax legislation this year, it looks like it is going to be a very difficult process.

Both houses of Congress have passed budget resolutions — but they have passed very different budget resolutions.

The continuing resolution that the Senate narrowly approved included the extension of a $20.2 billion rescission in the Internal Revenue Service's budget.

A recent lawsuit suggests that IRS leaders who refuse to hand over taxpayer information to the Trump administration are being moved out.

The Trump administration has been rapidly backing away from the various green energy tax incentives offered under the Biden administration.

Mehmet Oz, Trump's nominee to lead the Centers for Medicare and Medicaid Services, may have "significantly" underpaid Social Security and Medicare taxes.

GOP congressional leaders didn't negotiate with Democrats on the President Donald Trump-backed funding measure, which runs through Sept. 30.

With tax season in full swing, the Internal Revenue Service is being severely hampered by cutting staff.

Tax cuts could help soften the tariffs' impact on the economy, and allies would ideally like to pass a bill by July — though there are plenty of hurdles.