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One man, in the eyes of Donald Trump, is a "money machine." The other is a guy named "Scott."
May 17 -
The former Treasury secretary is concerned about the potential knock-on effects of a proposed levy on the super-wealthy.
October 27 -
The Treasury Department says it needs more time to decide whether to fight House Democrats in their effort to get former President Donald Trump’s personal and business tax returns.
February 4 -
The U.S. Small Business Administration plans to reopen the Paycheck Protection Program to small lenders on Friday and to all lenders next Tuesday.
January 14 -
The initial direct deposits of the second round of economic impact payments are already going out to taxpayers.
December 29 -
Lawmakers across the political spectrum urged President Donald Trump to sign the $900 billion coronavirus stimulus bill passed with bipartisan support last week, as millions of Americans face a loss in benefits.
December 27 -
The provision could amount to $120 billion in write-offs.
December 22 -
The Treasury secretary will put the unspent CARES Act funding into an account that his presumed successor will soon need authorization from Congress to use.
November 25 -
The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.
November 19 - Non-profits
The Internal Revenue Service is reversing course on the automatic revocation notices that it sent to more than 30,000 tax-exempt organizations.
October 23