After allowing billions in tax credits, the IRS seems poised to let the paper industry claim $2 billion more.

Alex Malyshev and Sarah Ganley of Carter Ledyard & Milburn LLP discuss efforts to pass federal legislation addressing prohibitions on cannabis and their implications.

What will Tax Day look like in 2026? The Washington Post asked people inside the IRS, in the tax community and in the Trump administration to play it out.

The Senate unanimously passed President Trump’s “No tax on tips” act in a 100-0 vote. Here's everything you need to know about the bill.

As it stands now, the Senate’s tax overhaul plan is slightly different from that of the House’s version.

In fiscal year 2016, which ended this past Sept. 30, the federal government spent just under $4 trillion, and about $2.7 trillion – more than two-thirds of the total – went for various kinds of social ...

An executive order issued in March requires the Treasury secretary to cease issuing paper checks for all federal ...

President Donald Trump has suggested getting rid of a federal income tax. Here's what paychecks nationwide would look like, should that happen.

Politics If Trump axes federal income tax, what will an average New Yorker’s paycheck look like? Updated: Mar. 03, 2025, 4:10 p.m. | Published: Mar. 03, 2025, 2:47 p.m.

Trump's tax cuts likely to be extended, estate tax may be repealed, more changes for investments, advisors should expand knowledge on crypto.

What would an e-file system look like? The first step toward an eventual federal e-filing system is the IRS’s report, for which the agency received $15 million from the Inflation Reduction Act.

Last year, the Federal Trade Commission sued Intuit for what it called a “deceptive” free filing ad campaign. Will the IRS e-filing system work for complicated tax returns?