Treasury CIO and DOGE representative Sam Corcos defended IRS layoffs as “painful” but necessary to reboot the agency’s ...
As millions of federal taxpayers gear up to file 2024 tax returns, some may be in for a surprise — especially those expecting refunds. While most filers can expect to get their refunds within 21 days ...
The Treasury Department and the Internal Revenue Service released final rules Tuesday for the Clean Electricity Investment and Production Tax Credits in Sections 45Y and 48E of the Tax Code. The tax ...
The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.
A view of the IRS building in Washington, D.C. (Getty Images) House Oversight Democrats are asking a Treasury Department watchdog to open an investigation into DOGE’s data and IT modernization ...
Social security recipients and other federal beneficiaries who do not normally file a tax return can expect to see a direct payment from the IRS and the Treasury Department this weekend. According to ...
Gary Shapley, who was named only days ago as the acting commissioner of the Internal Revenue Service, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender amid a ...
I’m WendyO with The Street and Roundtable, and today I've got my own personal CPA Scott Martin to explain a new rule from the IRS and U.S. Treasury that would essentially ban DeFi. The U.S. Department ...
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by ...