Treasury Department

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.

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

The Treasury secretary addressed a group of service employees as the agency fends off cuts pushed by House Republicans.

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

New guidance explains how buyers of electric vehicles can transfer their tax credits to dealers and get advance payments that lower the cost.

Even though the effective date is less than 90 days away, most businesses are either unaware of the rules, or uncertain how to comply.

The National Treasury Employees Union expressed a sense of relief after lawmakers in Congress unexpectedly managed to pass a stopgap spending bill.

About two-thirds of service employees would be furloughed in the event of a shutdown, which appears likely this weekend.

The Treasury Department is in the midst of writing rules for how it will distribute the measure's tax credits from hydrogen projects to low-carbon aviation fuel, but work on that guidance could grind to a halt if the government closes.

The service released information on two energy-related tax breaks under the Inflation Reduction Act.

The Biden administration has come under pressure to seize the funds outright, something Yellen has said would be illegal under current law.

The IRS and the Treasury issued guidance on some of the requirements for claiming credits under the Inflation Reduction Act.

The proposed regulations offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion.

The guidance could spur development of renewable energy under the Inflation Reduction Act.