Blocking CTC and EITC for unauthorized workers could save the U.S. $28B by 2034, according to the CBO, aiming to tighten loopholes and cut the deficit.

The US treasury department has called on Congress to scrap a provision in Donald Trump ’s flagship budget bill that would allow Washington to raise taxes on foreign investments, in a move that ...

The Treasury Department is nearing a deal that would make the so-called “revenge tax” irrelevant, the agency’s second-in-command said, a development that could bring great relief to Wall ...

Treasury Secretary Scott Bessent asked Republicans in Congress on Thursday to remove the so-called “revenge tax” from President Trump’s “big, beautiful” bill.

US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US firms to be excluded from certain taxes imposed by other countries.

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash management measures to keep from breaching the federal ...

U.S. Treasury Secretary Scott Bessent said on Thursday that he has asked Republicans in Congress to scrap the Section 899 retaliatory tax proposal from their tax and spending bill after Washington ...

The preliminary injunction extends a temporary order the judge issued on June 5.

CNBC's Emily Wilkins reports on the latest commentary from Treasury Secretary Scott Bessent about President Trump’s tax bill.

(WHTM) — A Pennsylvania Democrat proposed a bill to close a loophole that allowed big businesses to avoid paying state corporate taxes by establishing holding companies in Delaware. The Delaware ...

Tax receipts markedly increased this spring over the previous year, despite initial projections at the IRS that revenue could plummet this year amid turmoil at the agency, Treasury Secretary Scott ...