Politics Aug 15 WATCH: Biden touts economic policies in trip to battleground Wisconsin On the heels of a fourth indictment for Trump, Biden focused on manufacturing jobs in a speech at a Wisconsin factory — putting his ideas for growth up against his Republican rivals in a bid to win over voters in a key…
Politics Aug 02 IRS aims to go paperless by 2025 as part of campaign to conquer mountains of paperwork The effort to reduce the exorbitant load of paperwork that has plagued the agency — dubbed the "paperless processing initiative" — was announced by U.S. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel on Wednesday.
Politics Jul 25 Lawmakers press for more scrutiny over China's 'malign influence' at development bank The bipartisan group is introducing legislation Tuesday that would require Treasury to issue a report every two years on the scope and scale of Chinese influence and involvement in all aspects of the bank.
Economy Jul 24 IRS is ending unannounced visits to taxpayers The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents.
Politics Jul 20 New U.S. sanctions aim to choke off Russia's access to battlefield supplies and revenue The sanctions imposed Thursday by the Treasury and State departments target people and companies from Russia to the United Arab Emirates to Kyrgyzstan.
Politics Jul 20 IRS moves forward with a new free-file tax return system, supporters and critics mobilize On one side, civil society groups this week launched a coalition to promote the move toward a government-run free-file program. On the other, tax preparation firms like Intuit and H&R Block have been pouring millions into lobbying to try to…
World Jul 16 Yellen visits India again to deepen ties and tackle global economic issues On the heels of a trip to Beijing, U.S. Treasury Secretary Janet Yellen is back in India for the third time in nine months, this time to meet finance ministers from the Group of 20 nations about global economic challenges…
Politics Jul 11 WATCH: State Department holds briefing after U.S. sanctions the head of Serbian intelligence for alleged corruption The Treasury Department says Aleksander Vulin is accused of involvement in illegal arms shipments, drug trafficking and misuse of public office.
Politics Jun 21 IRS reduces tax return backlog by 80 percent and improves customer service, report says The IRS has processed tens of millions of tax returns faster this year compared with years past, and getting through to customer service on the phone is slowly improving.
Economy Jun 05 Cryptocurrency exchange Binance mishandled funds and violated securities laws, SEC lawsuit says Filed in the U.S. District Court for the District of Columbia, the SEC lawsuit on Monday lists thirteen charges against the firm — including commingling and diverting customer assets to an entity Zhao owned called Sigma Chain.