Despite President Donald Trump’s monthslong advocacy for eliminating the carried interest tax break, one of the most controversial loopholes in the US tax ... ending the loophole in the tax ...

At such a critical moment in US history ... The IRS has also been gutted by Elon Musk’s Department of Government Efficiency, the speed of which could render the next tax season “a disaster ...

No one wants to be audited by the IRS. And, in fact, very few US taxpayers ... a low of 0.7% for tax year 2021 to a high of 1.5% in 2013. On April 15, in a post on X, Treasury Secretary Scott ...

Today, Spencer Soper reports that closing the de minimis duty-free loophole for low-cost goods into the US is likely to have ripple effects across the economic landscape. Apple partners with ...

The same tax loophole is being closed in the US, and the EU is also looking at a similar change. Shein had sales of £1.5billion in the UK in 2023, with critics saying the Treasury is missing out ...

The Treasury spokesperson declined to comment on whether the IRS would take steps to revoke Harvard University’s tax-exempt status after Trump said the Ivy League institution was abusing that ...

Earlier in April, a Reuters report suggested that the net customs duties collected in March, as per the Treasury ... and the Internal Revenue Service (IRS). This revenue comes from import tariffs ...