Chris Cioffi

Calls are growing louder to regulate paid tax return preparers, but lingering concerns over giving authority to the IRS to do so and whether it could stifle the industry remain a roadblock.

House Republicans aren’t giving up on their bid to halt the IRS free electronic filing program, introducing legislation Tuesday that would halt its implementation.

Senate appropriators passed legislation to keep IRS funding steady, proposing billions more for the agency than the GOP-controlled chamber’s version in the Senate’s Financial Services and General Government bill.

White House hopeful Kamala Harris’s tax proposals are hewing closely to those from President Joe Biden, with a few key differences.

Rep. Brad Schneider (D-Ill.) and his fellow House Democrats are getting behind-the-scenes briefings that started this summer to bone up on their tax policy knowledge ahead of what’s likely to become a big battle in 2025.

House Republicans are voicing support for a US business group’s legal challenge of an EU directive requiring all bloc member states to apply global minimum tax rules and vowing retaliatory action if countries employ the levy on US companies.

House Republican tax writers are seeking comments from biofuel supply chain stakeholders as existing tax credits near expiration and Treasury guidance on a replacement credit remains outstanding.