Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...

The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...

Hackers targeted US telecom firms and allegedly intercepted conversations, including between prominent US politicians and ...

The US Treasury Department says it will take "extraordinary measures" from January 21, so that government debt will not ...

Outgoing Treasury Secretary Janet Yellen is announcing that she's planning to take "extraordinary measures" to save the U.S.

In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” ...

Trump will face at least three economic challenges during 2025: a possible resurgence of inflation, surprisingly high interest rates, and a gigantic national debt that’s finally starting to vex ...

Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.

Millions of TikTok users in the United States are no longer able to watch videos on the social media platform.