Watch the House Ways and Means oversight subcommittee hearing on proposed legislation in our video player.
The official start of the tax filing season comes Monday.
Taxpayers who are owed refunds will be paid on time, despite the government shutdown that has closed many federal agencies, a Trump administration official said Monday as concern mounted over the risk that the payments could be delayed.
Google CEO Sundar Pichai — and other tech executives who may be watching — got hints Tuesday of what issues they can expect to face as Democrats take control of the House in three weeks.
American corporations have elevated their debt loads to potentially risky levels, the Federal Reserve said Wednesday in a report that raised concerns about the financial system 10 years after the 2008 crisis erupted.
Four states — Connecticut, Maryland, New Jersey and New York — already have sued the federal government over the deduction cap, asserting it's aimed at hurting a group of Democratic states and tramples on their constitutional budget-making authority.
WASHINGTON — Stung by a federal judge's dismissal of its objections to AT&T's megamerger with Time Warner, the Trump Justice Department is challenging the decision with a legal appeal.
The judge rejected the government argument that a merger would hurt pay-TV consumers, competition.
The IRS, pummeled for years by congressional Republicans and funding cuts, faces the challenge of administering the most sweeping overhaul of the U.S. tax code in three decades. But first the beleaguered agency had to get through the current tax-filing…
The bill is particularly aimed at helping small and medium-sized banks, but critics argue that the likelihood of future taxpayer bailouts will increase if it becomes law.
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