Treasury Department

The Treasury Department and the Internal Revenue Service released final rules for the Clean Electricity Investment and Production Tax Credits in Sections 45Y and 48E of the Tax Code.

The president-elect has announced members of his senior leadership team at the Treasury, who'll work alongside Scott Bessent, his pick for secretary.

The Justice Department asked the Supreme Court to lift the injunction on the beneficial ownership information reporting requirement of the Corporate Transparency Act.

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.

Many continue to question the constitutionality of the Corporate Transparency Act, but it's not gone yet.

The Fifth Circuit has reinstated an injunction on beneficial ownership reporting only days after lifting it.

After an injunction was lifted by an appeals court, the Treasury's Financial Crimes Enforcement Network has extended the deadline for beneficial ownership information reporting.

The Inflation Reduction Act extended the tax incentives for clean energy development project developers, and the new rules add more clarity.

Scott Bessent, President-elect Donald Trump's pick to serve as Treasury secretary, is aiming to build support for his nomination

An injunction from a federal court has paused CTA enforcement, but not eliminated the possibility of it in the future.

Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts, many of which are set to expire at the end of 2025.

Hedge fund executive Scott Bessent, Apollo Global Management executive Marc Rowan and former Federal Reserve Governor Kevin Warsh remain among the leading contenders for the post.

The transition group is strategizing on how to pass another sweeping tax bill next year,

The final regulations provide a long overdue update to rules that had been in place since at least the 1950s, and even the 19th century.

Taiwan's firms see high U.S. taxes as a major impediment to additional investment in America.

The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.

The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.

The Treasury's Financial Crimes Enforcement Network has created an online toolkit to help small businesses comply with the new beneficial ownership reporting requirements.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.

The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.