Staff Writer
President Joe Biden signed a new executive order aimed at targeting financial facilitators of the Russian defense industry
The Biden administration released its highly anticipated proposal for doling out billions of dollars in tax credits to hydrogen producers Friday, in a massive effort to build out an industry that some hope can be a cleaner alternative to fossil fuel power
The U.S. is imposing sanctions on a group of money exchange services from Yemen to Turkey alleged to be providing funds to Iranian-backed Houthi rebels who have been launching attacks on commercial shipping vessels in the southern Red Sea
The U.S. Treasury has announced that the nation’s gross national debt has surpassed $34 trillion
Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database of that collects ownership information intended to help unmask shell company owners
The IRS has announced January 29 as the official start date of the 2024 tax season, and expects more than 128.7 million tax returns to be filed by the April 15 tax deadline
The IRS is still too slow to process amended tax returns, answer taxpayer phone calls and resolve identity theft cases, according to an independent watchdog within the agency
The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires
Thousands of demonstrators have converged opposite the White House to call for an end to Israeli military action in Gaza, while children joined a pro-Palestinian march through central London
Treasury Secretary Janet Yellen is making an election-year pitch that the current state of the economy “vindicates” Democrats’ decision to pass a $1.9 trillion coronavirus pandemic response package back in 2021
The U.S. and its allies are looking for a legal way to unfreeze $300 billion in Russian Central Bank funds sitting mostly in Europe and use them for the benefit of Ukraine
The U.S. hit a United Arab Emirates shipping firm and its 18 vessels with sanctions after it transported Russian crude oil above the $60 per barrel price cap
Iraqi airline Fly Baghdad is denying U.S. allegations that have resulted in it being hit with sanctions from the Treasury Department
The IRS wants to rewrite its complicated letters to taxpayers and speak to people in plain English
President Joe Biden will be the keynote speaker at a United Auto Workers’ political convention as he works to sway blue-collar workers his way in critical auto-making swing states such as Michigan and Wisconsin
The U.S. and U.K. on Thursday imposed sanctions on four leaders of Yemen’s Houthi rebel group who have supported the militant group’s recent attacks on vessels in the Red Sea and Gulf of Aden
Treasury Secretary Janet Yellen is visiting Illinois and electoral battleground Wisconsin this week to make a case for the Biden administration’s economic agenda and offer a reminder of the Trump administration tax cuts, which she says added to the deficit and did little to promote investment
Congress is racing to wind down a tax break meant to encourage businesses to keep workers on the payroll during the COVID-19 pandemic
As tax filing season officially starts Monday, a limited number of taxpayers in 12 states will soon be eligible for a program that will allow them to calculate and submit their returns directly to the IRS without having to pay for commercial tax preparation software
The U.S. is considering additional measures against Venezuelan President Nicolás Maduro’s government after the South American country’s highest court blocked the presidential candidacy of an opposition leader
The IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency by the Democrats’ Inflation Reduction Act
Bartender Catey Regis's pricey misadventure of buying a used car recently speaks to why voters are worrying about the U.S. economy going into this year’s presidential election
The Congressional Budget Office says it expects the federal budget deficit to drop by $188 billion this fiscal year to $1.5 trillion
The Biden administration wants to make residential real estate transactions more transparent — by unmasking the owners of all-cash purchases as part of its ongoing effort to combat money laundering and the movement of dirty money through the American financial system
A new IRS inspector general report says the agency continued to give 19 contractors access to sensitive systems despite failing background reports as recently as last July
Estimated 24.6 million TV viewers watched inauguration coverage, smallest audience since 2013
Mother on trial in West Virginia denies locking adopted teens in shed
Extreme cold and snow across the South isn't a threat to most native plants and animals, experts say
Star-filled Louis Vuitton show unveils East-meets-West streetwear in collaboration with Kenzo
Trump order leaves Cuba prisoner deal in limbo
Ichiro Suzuki headlines 2025 Baseball Hall of Fame class, receiving 99.7% of the vote
The facts about Trump's Stargate AI announcement
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
Chicago Bears hire offensive guru Ben Johnson as head coach