The U.S. Senate confirms Scott Bessent as treasury secretary under President Trump, facing challenges on tax policy, tariff ...

Senator Ted Cruz (R-TX), writing for himself and Senators Cynthia Lummis (R-WY), Bill Hagerty (R-TN), Thomas Tillis (R-NC), ...

An AICPA news release mentioned 13 provisions in the bipartisan draft that have its strong support, including ones dealing with tax filing by victims of disasters, electronic notices, and callback ...

Senate Democrats are starting to revolt against President Trump’s agenda on Capitol Hill amid fallout from an initial freeze ...

Senate Finance Committee chairman Mike Crapo. R-Idaho, and ranking member Ron Wyden, D-Oregon, issued a discussion draft ...

Republican lawmakers are considering a number of proposals that could effectively increase taxes on student loan borrowers ...

The bill would completely overhaul the U.S. taxation system and essentially disband the Internal Revenue Service.

The White House budget office rescinded a memo ordering a broad freeze on federal grants and loans after Republican senators ...