Treasury Department

The Treasury Department and the Internal Revenue Service released prevailing wage and registered apprenticeship requirements for clean energy projects and jobs to qualify for tax credits under the Inflation Reduction Act.

The Internal Revenue Service and the Treasury Department issued guidance answering questions related to educational assistance programs.

The Internal Revenue Service has been making efforts to reduce the overall amount of space it rents, but it nevertheless has lots of unnecessary space that it's paying hundreds of millions of dollars for every year.

The proposed rules on the Clean Electricity Production Credit and the Clean Electricity Investment Credit aim to spur renewable energy development.

One man, in the eyes of Donald Trump, is a "money machine." The other is a guy named "Scott."

The U.S. government recorded a higher surplus for the month of April thanks to a rise in tax receipts, while steeper debt-servicing costs impose a major drag.

The landscape of Corporate Transparency Act beneficial ownership information reporting continues to evolve, and accountants and others who advise small businesses need to stay ahead of the curve.

The Biden administration gave carmakers a partial reprieve in finalizing electric-vehicle tax credit rules intended to loosen China's grip on battery materials crucial to the car industry's future.

The Internal Revenue Service is looking at improvements in services and technology for both taxpayers and tax professionals.

The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.

Payments poured in at the government's mid-April deadline for income taxes.

The annual rush to pay Uncle Sam means the Treasury doesn't need to issue as much short-term debt as in other months to fund the U.S. government.

The annual rush to pay Uncle Sam tends to suck hundreds of billions of dollars from the banking system.

The Internal Revenue Service and the Treasury Department issued proposed rules for the stock buyback tax for large corporations.

The Treasury reported increasing usage of the free tax-filing system that they've been pilot testing in a dozen states this tax season.

An Alabama federal district court held that the Corporate Transparency Act is unconstitutional, stating it "exceeds the Constitution's limits on Congress' power."

While most accountants are aware of the reporting requirement, the majority of business owners are likely to be, at best, dimly aware of them.

The American Institute of CPAs sent letters to the Treasury and the IRS asking for filing relief for taxpayers affected by major disasters and for more guidance on information returns for grantor trusts.

The Treasury's Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule.

A new analysis forecasts a higher return on investment from the Inflation Reduction Act of 2022, but only if the funding isn't reduced.