Senior Administration officials outlined President Trump’s tax proposals at a news conference in Washington, D.C. on April 26. “Today we are putting out core principles,” Treasury Secretary Steven Mnunchin told reporters. Mnunchin and National Economic Council Director Gary Cohn said that the proposals, which include reducing individual and businesses taxes along with abolishing the federal […]

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CCH Tax Day Report The president has issued an executive order, dated April 21, 2017, that requires the secretary of the Treasury to immediately review all regulations issued after December 31, 2015. The order requires the Treasury secretary to identify any regulations that impose an undue financial burden on U.S. taxpayers, add undue complexity to […]

The post Treasury Secretary Ordered to Review Recent Regulations (EO 13789) appeared first on Tax & Accounting Blog.