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Treasury Secretary Scott Bessent said the European Union has some "internal matters" like the DST to sort out before the bloc can enter into trade negotiations.
April 30 -
The Treasury secretary touted some of President Trump's campaign proposals, including not taxing tips, Social Security or overtime.
April 29 -
Tax collections are confirming Wall Street forecasts that the U.S. government will not exhaust its borrowing capacity until later this year.
April 21 -
Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.
April 18 -
The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.
April 16 -
Republicans in the White House, Senate and House are drafting analyses on how best to craft a new tax bracket for the wealthiest Americans.
April 15 -
The Treasury Secretary said the administration and the GOP are looking at a range of ways to help pay for President Trump's tax agenda, including extending his 2017 tax cuts.
April 14 -
The American Institute of CPAs asked officials in the Treasury and the IRS for changes in the final regs governing generation-skipping transfer tax exemptions.
April 9 -
The Internal Revenue Service will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations
April 9 -
Internal Revenue Service employees are being offered a last chance for a voluntary buyout as the Supreme Court blocked a ruling requiring the IRS to rehire workers.
April 8 -
The National Treasury Employees Union asked a judge for emergency relief to preserve collective bargaining rights in response to a Trump executive order.
April 4 -
The Internal Revenue Service reportedly intends to reinstate thousands of probationary employees who were fired after two courts ordered it to do so.
April 3 -
The Internal Revenue Service has placed 50 senior IT leaders on administrative leave, as the union filed suit over a Trump order on collective bargaining.
March 31 -
Tax collection projections are down. Refunds are up. That's a formula that could dampen U.S. government revenue.
March 31 -
The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.
March 26 -
Much depends on tax-collection proceeds, with the April 15 filing date fast approaching.
March 26 -
The institute is asking the Treasury and the Internal Revenue Service for greater clarity in their proposed regulations for the SECURE 2.0 Act of 2022.
March 25 -
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report beneficial ownership information.
March 24 -
The Treasury named a pair of IRS agents as special advisors to Treasury Secretary Scott Bessent, and plans key roles for them at the IRS.
March 18 -
Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.
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