IRS announces pension and retirement plan contribution adjustments for 2025
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024
Staff Writer
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024
Kamala Harris’ campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth
Biden administration officials are working against the clock doling out billions in grants and taking other steps to try to preserve at least some of the outgoing president’s legacy before President-elect Donald Trump takes office in January
The U.S. on Monday imposed sanctions on organizations and firms involved in illegal settlement development in the occupied West Bank, including a well-established decades-old group that has close ties with Israeli leadership
One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration
President-elect Donald Trump has tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle
President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary
Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday
President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary
President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary
President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary
Donald Trump has big plans for the economy
Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen
President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team
President-elect Donald Trump has chosen Keith Kellogg, a highly decorated retired three-star general, to serve as his special envoy for Ukraine and Russia
President-elect Donald Trump is declaring a win on stopping illegal immigration through Mexico after talking with that country’s leader
Six Democratic members of Congress from Connecticut have been targeted by bomb threats on their homes
Canadian Prime Minister Justin Trudeau has flown to Florida to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products
Canadian Prime Minister Justin Trudeau is returning home after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner
President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar
President-elect Donald Trump has named pardoned real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, as his intended nominee for ambassador to France
Ben Wikler, chair of the Democratic Party in Wisconsin, says he's joined the race to lead the national party after an election that swept Donald Trump and Republicans to power in Washington
Donald Trump says Massad Boulos, a Lebanese American businessman who is the father-in-law of Trump’s daughter Tiffany, will be a senior adviser on Arab and Middle Eastern affairs
An investigation is underway after a Secret Service agent working on protective assignment outside Treasury Secretary Janet Yellen’s house fired a weapon following a confrontation with the occupants of a sedan
IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes
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