Chris Cioffi

GOP lawmakers overcame Democrats’ opposition to advance a funding bill to the House floor that proposes cuts to the fiscal 2027 budgets of the IRS, Securities and Exchange Commission, and District of Columbia, while providing a slight increase to the General Services Administration buildings fund.

House lawmakers Monday passed several pieces of legislation by voice vote that aim to speed up paper returns processing, boost online access to IRS and taxpayer data, and give taxpayers third-party data protections.

The Trump administration wants to boost transparency as part of efforts to scrutinize tax-exempt organizations—an area that’s had bipartisan interest—but Democrats aren’t sure they can trust the oversight will be applied fairly.

Key moderate Republicans fighting for their political lives in November are cooling on the prospect of another party-line fiscal package, creating fresh headaches for leaders on Capitol Hill.

A House cryptocurrency taxation roundtable is generating momentum towards forging bipartisan legislation by year’s end, tax writers in attendance said Thursday.

A big part of the challenge in taxing AI is trying to figure out exactly what to tax. Several concepts have been discussed, but few are well defined.

The House Ways and Means Committee is planning to markup health bills among the legislation the panel is considering Thursday, according to three people familiar with the plans. Two people also said the panel axed consideration of a bill that would have increased scrutiny of nonprofit hospitals.

A pair of House tax writers unveiled cryptocurrency taxation legislation Tuesday as Congress continues to focus its attention on regulating various aspects of digital assets.

A bipartisan group of tax writers introduced a bill Wednesday to explicitly make property and infrastructure for space-based semiconductor manufacturing eligible for an investment credit.

Capitol Hill tax staff haven’t ruled out an end-of-year bipartisan tax package to adjust retirement fixes and international tax issues that have gone unaddressed—even as Republican lawmakers race against the clock to pass a “skinny” reconciliation package.