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IRS Direct File pilot processed more than 140,000 returns this season

This season, the IRS Direct File pilot helped more than 140,000 million taxpayers file taxes for free and saved $5.6 million in tax prep fees.

Danny-werfel , Us-department-of-the-treasury ,

OFAC Issues Two Determinations Prohibiting Dealings in Certain Metals of Russian Origin; Extends General License Allowing Payment of Taxes and Fees to Russian Government | Foley Hoag LLP

On April 12, 2024, in coordination with the United Kingdom, the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued two new Determinations (collectively, the...

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IRS issues final guidance for IRA's clean energy tax credit transferability mechanism

Utility industry news and analysis for energy professionals.

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IRS Direct File Pilot Exceeds Usage Goal, Receiving Positive User Ratings and Saving Taxpayers Money

IRS Direct File Pilot Exceeds Usage Goal, Receiving Positive User Ratings and Saving Taxpayers Money
marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.

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U.S. Department of the Treasury, IRS Release Final Rules on Provision to Expand Reach of Clean Energy Tax Credits Through President Biden's Investing in America Agenda

U.S. Department of the Treasury, IRS Release Final Rules on Provision to Expand Reach of Clean Energy Tax Credits Through President Biden's Investing in America Agenda
marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.

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Beware! The Corporate Transparency Act Is Upon Us - Directors and Officers

Beginning January 1, 2024, the Corporate Transparency Act ("CTA") goes into effect and will impose stringent Federal reporting requirements on many small businesses.

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If reelected, Trump could seek greater control over Federal Reserve

The Wall Street Journal reported that allies of former President Donald Trump are looking to make the Federal Reserve less independent.

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Treasury, IRS Issue Inbound Corporation Stock Repurchase Excise Tax Proposed Regulations | Holland & Knight LLP

Following the release of initial guidance in the form Notice 2023-2, the U.S. Department of the Treasury (Treasury) and IRS issued proposed regulations (the Proposed Regulations) under...

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Cornyn, Tim Scott Bill to Crack Down on Fentanyl Supply Chain Signed into Law

U.S. Senator John Cornyn (R-TX) released the following statement after the Fentanyl Eradication and Narcotics Deterrence (FEND) Off Fentanyl Act, led by U.S. Senator Tim Scott (R-SC) and cosponsored by Sen. Cornyn to crack down on the fentanyl supply chain by financially targeting opioid manufacturers and traffickers, was signed into law as part of the national security

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Treasury to Sharpen CFIUS Procedures and Enforcement | Alston & Bird

Proposed changes to how the Committee on Foreign Investment in the United States (CFIUS) can request information and impose civil penalties signal that CFIUS will increasingly focus on...

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