Treasury Department

Two legislators want to open an investigation into personnel moves between the five largest accounting firms and the upper echelons of the Treasury and IRS.

Republicans on the Senate Finance Committee are asking Treasury Secretary Janet Yellen to keep both parties in Congress involved in negotiations.

Crypto miners and stakers will be exempt from rules requiring digital-asset brokers to turn over information on their clients’ transactions to the IRS.

The department is reconsidering the IRS’s reliance on facial recognition software ID.me for access to its website.

American competitiveness is at stake, according to a top U.S. Treasury official.

A revamped version of the ChildTaxCredit.gov site adds new features to help with filing taxes and accessing the full amount of unpaid credits.

The crypto industry is flooding Washington with money, snapping up lobbying firms, and building up their trade associations in an effort to curb new rules.

The Biden administration is poised to specify which cryptocurrency firms will be forced to report reams of customer data to the Internal Revenue Service, said people familiar with the matter.

The study will start by looking at coronavirus-related stimulus payments.

The plan would require financial institutions to report information about some bank accounts to the IRS.

The measure could be used to pay for a modification of the cap on the federal deduction of state and local taxes.

Janet Yellen has one of the biggest to-do lists in Washington: usher in a global tax overhaul, press Wall Street on climate change and distribute billions of dollars in COVID relief.

A new government report says more funding for the IRS is the solution to the tax gap.

Congress is weighing a proposal to end the tax break next month to pay for the bipartisan infrastructure plan.

The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public.

Employers can claim tax credits equivalent to the wages paid for providing paid time-off to employees to take a family or household member or certain other individuals to get vaccinated for COVID-19.

Former Treasury officials say both parties should agree to increase money for the agency.

The IRS and the Treasury started disbursing advance monthly payments Thursday of the expanded Child Tax Credit in a program that aims to lift millions of families out of poverty.

The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.

The Internal Revenue Service and the Treasury Department introduced an online tool that enables families to register for monthly payments of the expanded Child Tax Credit.