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IRS or Treasury? Where to look for your $1,400 Recovery Rebate Credit
How is responsible for the $1,400 Recovery Rebate Credit? Check your account, tax return, or the websites for details before ...
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a ...
CNET on MSN1d
No, Trump's IRS Hiring Freeze Won't Slow Down Your Taxes, but the Way You File Might
President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax ...
How an arcane Treasury Department office became ground zero in the war over federal spending
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...
Treasury Official Quits After Resisting Musk’s Requests on Payments
Elon Musk’s cost-cutting team sought access to the government’s vast payment system, part of its bid to choke off federal ...
JD Supra4d
Treasury Department, IRS Issue Final Regulations and Transitional Guidance for Digital Asset Industry Applicable to Decentralized Finance Platforms
On December 30, 2024, the US Department of the Treasury and IRS issued final regulations providing guidance on tax reporting requirements ...
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
Scott Bessent wins Senate confirmation as US Treasury secretary
Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington ...
JD Supra10d
Inflation Reduction Act Guidance: IRS and Treasury Release Final Regulations on the New Tech-Neutral Clean Energy Tax Credits
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...