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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.
December 15 -
The guidelines set a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
December 1 -
The Biden administration has discussed granting automakers a temporary reprieve from new rules poised to limit a consumer tax credit, a Michigan senator said Tuesday.
November 29 -
Senate Majority Leader Chuck Schumer vowed the Senate won't vote on the House bill and instead will produce a broader emergency package without cuts to the IRS.
November 3 -
House Republicans would paid for aid to Israel by slashing funds for the Internal Revenue Service.
November 1 -
Johnson's plan pays for Israel aid by cutting President Joe Biden's signature Inflation Reduction Act, calling for a $14.3 billion reduction in funding for the IRS.
October 30 -
The Council of Economic Advisers said a reduction in revenues from capital gains taxes has played a notable role in the widening deficit.
October 12 -
More than 3 million workers would be newly eligible for overtime when they work more than 40 hours a week, under a new proposal.
August 31 -
Corn farmers and biofuel producers are poised to gain from turning ethanol into sustainable jet fuel — depending on how Washington writes the tax policy.
August 30 -
Confusion around ever-changing rules, price-sensitivity and other factors have dampened the results of the Inflation Reduction Act's incentives.
August 16