Senate Democrats demanded answers from Meta Platforms, Inc. on whether it used a dubious tax strategy to reap billions in federal breaks to fund data center construction.

Generous state and local tax breaks for data center building is causing the loss of billions in tax revenue, according to a new report from Senate Democrats.

Election year ads paid for by the US government are drawing new scrutiny across Washington.

A House panel with jurisdiction over tax policy is preparing legislation that would grant cryptocurrency holders greater flexibility in reporting gains on investments, a potential boon for the digital asset industry.

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.