Richard Rubin

WASHINGTON—Top U.S. lawmakers unveiled a bipartisan tax agreement that would revive expired breaks for businesses and increase the child tax credit

A new government program is designed to funnel cash quickly to renewable-energy developers, potentially accelerating the transition from fossil fuels.

トランプ前米大統領は、フロリダ州ドラル市に所有するゴルフコースの一つで不動産開発を行わない限り、連邦所得税から最大3億2300万ドル（約480億円）を控除できる。

For the tax season that opens Monday and runs through mid-April, the IRS is offering its new Direct File online portal, which walks a taxpayer through the return-filing process and submits the Form 1040 to the government. It is starting with a small group of Americans as a possible first step toward building a government-run alternative to TurboTax and H&R Block The trial run has been welcomed by Democrats and consumer advocates, though Republicans and private tax-preparation companies question whether it is a good use of government resources because other free filing options exist. The IRS offered The Wall Street Journal and other news organizations an early look at Direct File.

For the tax season that opens Monday and runs through mid-April, the IRS is offering its new Direct File online portal, which walks a taxpayer

The deal—which would revive business tax breaks and expand the child tax credit—sailed through the House Ways and Means Committee, then started picking up Republican opposition.

FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. The Treasury Department and the IRS are urging taxpayers who want to get their economic impact payments directly deposited to their bank accounts to enter their information online by Wednesday, May 11, 2020. The IRS said that people should use the “Get My Payment” tool on the IRS website by noon on Wednesday to provide their direct deposit information. (AP Photo/J. David Ake, File)

President Biden's claim that billionaires pay an 8.2% tax rate comes from a White House calculation of tax rates that's different from how taxes

The Biden administration is proposing an expansion of a levy that targets companies with high profits and low taxes.

Two senators—a Democrat and a Republican—want to end tax-free corporate mergers like the pending Capital One-Discover all-stock combination, a move that would reshape dealmaking.