As the industry’s clout grows, Congress could wipe out the IRS requirement for Form 1099 for decentralized transactions.

A 19th-century presidential assassination was a signature event in helping the U.S. establish a meritocratic system for ...

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

To save taxpayer money and rebuild the economy, Congress should repeal Biden's poorly named Inflation Reduction Act ...

This would be an extraordinary escalation of a long-running dispute over how governments tax foreign companies. After years ...

President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...

Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund ...

Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested.

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

The Senate confirmed Scott Bessent as treasury secretary, filling a key role in President Donald Trump's Cabinet with Bessent ...

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS.