With no talks scheduled on a virus-relief package seen as vital by Federal Reserve officials and market participants alike, the stalemate between Republicans and Democrats risks dragging on for weeks.

State tax revenues declined 12.8% in June from a year earlier due to the virus-induced recession, according to a report published by the Urban Institute.

U.S. agencies may shift into the final phases of the White House’s post-pandemic reopening plan without key personnel if workers make good on their word to retire if forced to go back to the office while the pandemic is still raging.

For the second time in a year, President Trump says he’s “very seriously” considering reducing capital gains tax bills for investors, while his presumptive Democratic challenger, Joe Biden, would raise money for his domestic agenda in part by doubling that tax rate.

Senate Majority Leader Mitch McConnell’s insistence that legal liability protections for businesses, schools and colleges be included in any new coronavirus relief bill is approaching a moment of reckoning.

Republican lawmakers tell Treasury Sec. Steven Mnuchin that stimulus payments made mistakenly to foreign workers must be immediately returned to the IRS.

Uber Technologies Inc. and Lyft Inc. faced the direct consequences of California’s rigid law that makes it hard for companies to rely on independent contractors, with a court ruling that threatens the future of gig companies in the state.

Treasury will have to fill in many gaps as it attempts to draft guidance implementing President Donald Trump’s order to delay the collection of some payroll taxes.