Treasury Department

The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to propose regulations to address the capitalization and amortization of specified research and experimental expenditures.

The White House is taking aim at global money laundering in line with a UN effort, but some sectors of the economy are falling prey to criminal activity.

The Treasury is providing additional guidance on the corporate alternative minimum tax for billion-dollar companies.

Beginning Jan. 1, 2024, tens of millions of small businesses must file beneficial ownership information reports.

The U.S. has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there's a clear divide for miners and processors.

High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.

The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.

With steep penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.

The rules, which aren't finalized, include measures sought by environmentalists that would require hydrogen-production operations to be powered by wind, solar or other clean-power projects built within the last three years to qualify for a $3-per-kilogram credit.

The Treasury's Financial Crimes Enforcement Network is pushing back the deadline for new companies, but not old ones.