Congress will seek a firsthand look at the president’s tax returns if the Democrats take control of either chamber after next month’s election, according to the key lawmakers who would gain the...

Vice President Mike Pence has filed three tax returns since taking office, but he hasn’t publicly released any of them.

The House Ways and Means Committee is likely to review former President Donald Trump’s tax returns at a closed-door meeting Tuesday and may vote to release some of them afterward.

The IRS audited just 0.59% of individual tax returns last year, marking the seventh consecutive annual decline as the tax agency copes with smaller budgets and fewer workers.

A new financial disclosure from President Donald Trump acknowledged that he reimbursed his lawyer, Michael Cohen, for a $130,000 payment to an adult-film star just before the 2016 election, the first...

A prolonged government shutdown would likely delay billions of dollars in income-tax refunds.

The Republican tax-cut bill has grown more unpopular in the two months it has taken to usher it through Congress, and few people believe it will provide relief for middle-class families, a new Wall...

The House tax-writing committee requested President Trump’s tax returns, kicking off what could be a bruising legal fight with the Trump administration.

The very top sliver of high-income Americans may underreport their income at levels far beyond what was suggested by prior IRS research, according to a new paper.

First legislation from new Republican majority, which is likely dead on arrival in the Senate, would rescind tens of billions in IRS funding.

The Tax Cuts and Jobs Act would permanently chop the corporate tax rate from 35% to 20%, compress the number of individual income tax brackets, and repeal the taxes paid by large estates starting in...

Sustained federal budget deficits and debt will hit the highest levels since World War II over the next decade, according to a Congressional Budget Office report.

Sam Brownback, the Kansas governor whose tax cuts brought him political turmoil, recurring budget holes and sparse evidence of economic success, has a message for President-elect Donald Trump: Do...

An analysis looks at how the Democratic presidential candidate’s plan to increase taxes on high-earning Americans would affect five sample households.

Congress will seek a firsthand look at the president’s tax returns if the Democrats take control of either chamber after next month’s election, according to the key lawmakers who would gain the...

The GOP’s historic tax overhaul might usher in a new period of instability in the tax code, because the plan is advancing without bipartisan support and with expiration dates that guarantee it will...

In their rush to pass a sweeping tax overhaul, Republicans and the Trump administration may be headed for a reckoning with the law of unintended consequences, Greg Ip writes.

Sen. Ron Johnson, a Wisconsin Republican, said he opposes the Senate GOP tax package, saying it unfairly benefits corporations more than other types of businesses. His position could undermine the...

The Treasury Department has taken down a 2012 economic analysis that contradicts Secretary Steven Mnuchin’s argument that workers would benefit the most from a corporate income tax cut.

The National Association of Home Builders, a powerful lobbying force, will oppose the House Republicans’ forthcoming tax plan, a blow to the party’s attempt to forge unity among business sectors.

The Treasury Department has taken down a 2012 economic analysis that contradicts Secretary Steven Mnuchin’s argument that workers would benefit the most from a corporate income tax cut.

The OECD said the share of economic output taken by governments in developed economies as taxes has risen to its highest level since records began 50 years ago. But in the U.S., taxes as a share of...

UCLA Law Professor Kimberly Clausing has joined the Biden administration as a deputy assistant secretary at the treasury department, where she will focus on tax analysis and policy.

The Internal Revenue Service cited the winter-storm disaster for extending the deadline for filing and payment to June 15.

Republicans stood on the verge of delivering the most significant changes to the U.S. tax code in more than three decades, after a series of last-minute deals appeared to clear the last big obstacles...

The tax law that lowered the U.S. corporate tax rate when Republicans held power in 2017 could vanish next month, upending the planning companies had done around the 21% rate.

A string of recent Internal Revenue Service court victories could threaten a tax break President Trump’s business was able to claim in 2014 on its California golf course.

Democrats want not just six years of President Trump’s tax returns but also administrative files for the president’s IRS audits. Together they could make clear the core issues of any IRS inquiry into...

The OECD said the share of economic output taken by governments in developed economies as taxes has risen to its highest level since records began 50 years ago. But in the U.S., taxes as a share of...

Presidential candidates Hillary Clinton and Donald Trump would take the tax code in opposite directions, with the split being especially sharp on their treatment of the top 1% of U.S. households,...

The Internal Revenue Service is bringing thousands of employees back to agency offices on Monday to deal with a growing backlog of work amid the coronavirus pandemic.

The move comes as the tax agency tries to build its case for keeping what is left of a pot of money Congress gave it last year.

House Republicans advanced a repeal of clean-energy tax credits without offsetting tax cuts—even though most have signed a no-tax-hike pledge.

President Donald Trump is signaling his next priority: overhauling the tax code to push corporate rates down and give middle-class taxpayers a break, even if it means some of the wealthiest pay more.

Though the House and Senate have voted to repeal the deduction for state income taxes in GOP tax overhaul plans, House Republicans from California are seeking to have it preserved in the final tax...

The Treasury Department projects the Biden administration’s tax enforcement plan would generate $700 billion over the next decade.

Former Vice President Joe Biden pressed President Trump repeatedly on his refusal to release his tax returns and on reports in the New York Times that he paid $750 in federal income taxes for 2016...

In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.

State and local governments across the U.S. spend $30 billion a year to attract and keep companies, but the biggest deals generate little in the way of economic benefits in return, a new study shows.