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23 Jul 2019, 4:30 pm
Congressman Sherman (who specifically introduced articles of impeachment against President Trump) recently stated: “An awful lot of our international power comes from the fact that the U.S. dollar is the standard unit of international finance and transactions,” Sherman said at a meeting of the House Financial Services Committee last week . . . [read post]
6 Jul 2019, 6:11 am
District Court for the District of Columbia against the Treasury Department and the Internal Revenue Service in order to obtain President Trump's tax returns. [read post]
2 Jul 2019, 6:00 am
Throwback rules can yield exceedingly high and often uncompetitive levels of taxation for some businesses, to the point that the outmigration they generate can more than offset any revenue gains from taxing “nowhere income. [read post]
5 Jun 2019, 11:41 am
Currently, only one facility in the United States mines rare earths, although at least three more are being built. [read post]
5 Jun 2019, 6:00 am
In late March, the Treasury Department imposed sanctions on 25 individuals and entities, including a network of front companies from Iran, the United Arab Emirates (UAE), and Turkey; Iran’s Ministry of Defense and Armed Forces Logistics (MODAF); and the Iran-based Ansar Bank. [read post]
4 Jun 2019, 12:53 pm
(United States Restricts Travel and Vessels to Cuba).The statements released by the Departments of State, Commerce, and Treasury underlined this coordination and targeting. [read post]
31 May 2019, 3:10 pm
These Department of Treasury regulations prohibit IRS employees and employees of the Department of the Treasury from testifying without authorization from agency counsel. [read post]
29 May 2019, 6:00 am
” It then discusses how opportunity zones can be measured against this benchmark, and suggests the Internal Revenue Service (IRS) should modify Form 8996—the form that opportunity zone investors will use to report their activities to the IRS— so that opportunity zone data on the number of QOFs, QOF investment, and qualifying business investment, can be tied to specific census tracts to help measure the program. [read post]
24 May 2019, 3:00 am
Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that polices financial crimes. [read post]
21 May 2019, 6:00 am
Since it was enacted in 1975, the EITC has undergone several reforms and expansions, becoming a major tax expenditure and anti-poverty policy in the United States. [read post]
14 May 2019, 6:08 am
The United States has long promised to ensure trade in humanitarian goods for countries under its economic sanctions. [read post]
2 May 2019, 4:00 am
Some of the new proposals are intended to address the digital economy and the design of international tax rules. [read post]
29 Apr 2019, 10:28 am
JOB DESCRIPTION The intern will provide support to the Legal Adviser/ Deputy Head of Delegation, and other units/departments, as necessary. [read post]
12 Apr 2019, 2:06 pm
The Internal Revenue Service (IRS) has additional information on this matter you can review via publication p4681. [read post]
26 Mar 2019, 10:24 am
Diabetes is the 7th leading cause of death in the United States (and may be underreported). [read post]
20 Feb 2019, 9:00 am
The stated intent of many of these policies, especially the tax credits, is to increase investment in higher education and provide a tax cut to middle-class households that invest in higher education to make it more affordable.[9] Credits Two permanent credits, the American Opportunity Credit and the Lifetime Learning Credit, provide tax benefits for tuition and related expenses. [read post]
14 Feb 2019, 9:30 pm
The Treasury Department’s latest guidance clarified how to remove money from Venezuelan investments according the sanctions’ rules. [read post]
3 Feb 2019, 9:30 pm
Rao signed an agreement with the Treasury Department that established OIRA’s review of Internal Revenue Service regulations. [read post]
29 Jan 2019, 11:44 am
Treasury Analysis of New Withholding Tables Source: United States Government Accountability Office, Federal Tax Withholding, https://www.gao.gov/assets/700/693582.pdf. [read post]
8 Jan 2019, 6:45 am
Opportunity zones were estimated to cost $1.6 billion in revenue from 2018-2027. [read post]
