How is responsible for the $1,400 Recovery Rebate Credit? Check your account, tax return, or the websites for details before ...

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) finalized regulations on the clean ...

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary ...

The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a ...

The United States Treasury Department building in Washington, D.C. Eight years ago, in December of 2016, the IRS issued the ill-fated first set of reporting requirements for 831(b) microcaptive ...

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.

The treasury secretary is responsible for serving ... In his testimony, Bessent committed to maintaining the IRS’ Direct File program — which allows taxpayers to file their returns directly ...

The IRS building in Washington, D.C. The Internal Revenue Service and the Treasury Department issued proposed regulations for corporate separations and ...

On December 30, 2024, the US Department of the Treasury and IRS issued final regulations providing guidance on tax reporting requirements applicable to certain decentralized finance (DeFi ...

“While I disagree with many of his policy positions, particularly his support for extending tax cuts for the wealthy and President Trump’s tariff threats, I hope that he will focus the ...

He committed during his confirmation hearing that he would pay the tax bill if a court rules against him.Trump took his time before settling on Bessent as his nominee. He also mulled over billionaire ...