Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
Treasury Department recoups $31 million in improper government payments to dead people
The Treasury Department announced this week that it had recouped more than $31 million in fraud and improper payments to dead ...
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping ...
JD Supra1d
Treasury Department and IRS Release Final Regulations for Section 45V Clean Hydrogen Production Tax Credit
On January 3, 2025, the Treasury Department and the Internal Revenue Service issued final regulations under Internal Revenue ...
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
Watch: Scott Bessent testifies at secretary of the treasury confirmation hearing
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
Watch: Scott Bessent Secretary of the Treasury confirmation hearing
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
JD Supra5d
Treasury Department, IRS Release Section 45W Clean Commercial Vehicle Guidance
The U.S. Department of the Treasury and IRS released proposed regulations on Jan. 10, 2025, regarding the qualified commercial clean vehicle ...
Trump's Treasury pick Bessent won’t discriminate on tax cheats, vows fairness
Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement ...