Tax

U.S. Treasury Secretary Steven Mnuchin said he supports direct payments of $1,000 per adult and $500 per child to Americans within three weeks if Congress backs the plan.

The IRS cautioned tax professionals about a new version of a phishing email scam targeting them.

The relief is only for income taxes, and doesn't change any filing deadlines.

One strategy being used across international regions is to utilize value-added tax measures as a flexible and effective response to the economic slowdown.

Businessman Lev Dermen, 53, was found guilty Monday as part of a scheme to cheat the IRS out of $512 million through a program designed to promote clean fuels.

Extensions; H.R. 6201; OICs; and other highlights from our favorite tax bloggers.

The Treasury is still encouraging taxpayers to file by April 15

CFP exam registrants affected by the closures will be rescheduled for the July 2020 exam, currently scheduled for July 7-14, 2020, at no additional cost.

Treasury Secretary Steven Mnuchin announced that his department is pushing back the April 15 tax filing deadline, giving individuals and many businesses 90 extra days to pay taxes they owe.

The administration is also planning $1,000+ stimulus checks.