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14 Jun 2024, 5:20 am by Beatrice Yahia
The sharp escalation in sanctions by the Treasury Department on Wednesday forced Moscow’s main financial trading platform to halt dollar and euro transactions yesterday, and prompted Russian officials to call on the population to “inflict maximum harm” on the West in retaliation. [read post]
13 Jun 2024, 12:04 pm by Julien Blanquart and Reid Whitten
Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced new measures targeting Russia’s financial infrastructure, including: Expanding the scope of financial sanctions: Extending prohibitions to include information technology (IT) consultancy, design services, and IT support services for enterprise management and design/manufacturing software, effective September 12, 2024, under the authority of Executive Order 14071 (See Determination) … [read post]
This was a continuation of the previous action taken by the Treasury and Department of State against the transfer and testing of ballistic missiles used in Ukraine. [read post]
12 Jun 2024, 1:17 pm by Jon L. Gelman
In New Jersey, Firefighter Glen Seaboldt, a 10 year veteran of the Edison Fire Department was diagnosed with Stage 2 non-Hodgkin lymphoma. [read post]
11 Jun 2024, 6:00 am by Sherica Celine
IRS and Treasury Department issue proposed regulations that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property. [read post]
10 Jun 2024, 2:12 pm by Lynn L. Bergeson
On May 31, 2024, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) issued Notice 2024-49 for the Clean Fuel Production Credit. [read post]
10 Jun 2024, 2:12 pm by Lynn L. Bergeson
On May 31, 2024, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) issued Notice 2024-49 for the Clean Fuel Production Credit. [read post]
10 Jun 2024, 2:12 pm by Lynn L. Bergeson
On May 31, 2024, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) issued Notice 2024-49 for the Clean Fuel Production Credit. [read post]
10 Jun 2024, 8:30 am by Tom Smith
Let their treasuries open wide, that Nvidia’s coffers may overflow, and their revenue burgeon as the rivers that bring life to the land. [read post]
9 Jun 2024, 9:05 pm by Jennifer L. Selin
Patent and Trademark Office; The Chief Actuaries of the Centers for Medicare and Medicaid Services (CMS) and the Social Security Administration (SSA); The Administrator, Chief Operating Officer for the air traffic control system, and Director of Whistleblowers at the Federal Aviation Administration; The Commissioner of Labor Statistics; Various officials within the Department of Treasury, including the heads of the Internal Revenue Service, Comptroller of the Currency, and United… [read post]
8 Jun 2024, 2:00 am by Ingrid Evans
Department of the Treasury, and discussed below, indicate that the financial toll of financial elder abuse is possibly as much as $27 billion annually. [read post]
6 Jun 2024, 9:05 pm by Gina Gkoulgkountina
Department of the Treasury and IRS issued final regulations under Section 6418 of the Internal Revenue Code concerning the transfer of energy credits. [read post]
Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to better implement the Biden-Harris Administration’s policy aimed at increasing support for the Cuban people. [read post]
6 Jun 2024, 2:41 pm by Admin
Treasury Department relax disclosure requirements for certain offshore retirement accounts but leave classification questions unresolved. [read post]
5 Jun 2024, 2:36 pm by Michael Lowe
Pursuant to the Sixteenth Amendment of the United States Constitution, Congress passed federal legislation creating the IRS as an agency within the Department of Treasury. [read post]
5 Jun 2024, 9:58 am by Seamus Kim
Department of Justice (DOJ) and Treasury have the jurisdiction to subpoena transnational banks if they hold accounts in the U.S. [read post]
3 Jun 2024, 10:00 pm by Sherica Celine
IRS and Treasury Department issue proposed regulations that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property. [read post]