On January 16, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2025-08 (Notice), which provides an updated safe harbor (First Updated Elective Safe Harbor) that ...

WASHINGTON — The Treasury Department has terminated its collective bargaining agreement with unionized workers employed at the Internal Revenue Service, the agency said Friday, in an escalation of ...

“I will commit that for this tax season … Direct File will be operative.” That was the word from Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, when asked about the ...

WASHINGTON, DC - JULY 04: U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law during an Independence Day military family picnic on the South ...

On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of the US Internal Revenue Code of 1986, as amended (the ...

The Internal Revenue Service manages the collection of federal taxes and administers the statutory tax laws that provide the primary source of funding for U.S. government operations. Operating as a ...

Brian Morrissey previously held senior roles at the Treasury and Justice Departments during President Donald Trump’s first ...

Jan 29 (Reuters) - U.S. President Donald Trump on Thursday sued the Internal Revenue Service and Treasury Department for $10 billion ‌over the disclosure of his tax returns to the media in 2019 and ...

President Donald Trump leaves the stage after speaking at the Port of Corpus Christi in Corpus Christi, Texas, Friday, Feb. 27, 2026. (AP Photo/Michael Gonzalez) WASHINGTON (AP) — The Treasury ...

President Donald Trump gestures from the stairs of Air Force One upon his arrival at Joint Base Andrews, Md., Friday, Feb. 27, 2025. (AP Photo/Luis M. Alvarez) (Luis ...