Treasury Secretary Scott Bessent is trying to walk back his suggestion that the so-called Trump savings accounts for newborns ...

Citing a “witch hunt” against his far-right ally Jair Bolsonaro – Brazil’s former president on trial for allegedly plotting a coup – Trump on Wednesday signed an executive order adding a 40% tariff on ...

Trump meets US bank leaders to explore public stock offerings for Fannie Mae and Freddie Mac as privatisation talks gain momentum.

“The over 115 sanctions issued today are the largest to date since the Trump Administration implemented our campaign of maximum pressure on Iran,” said US Secretary of the Treasury Scott Bessent.

AICPA members providing tax representation or return preparation services need to comply with both the AICPA Statements on Standards for Tax Services and Treasury Circular 230.

The IRS pilot program allowing simple free tax filing is still available, but its days appear numbered after agency comments and legislative shifts.

U.S. Treasury Department sanctioned the Brazilian judge overseeing case against former President Jair Bolsonaro days after ...

Like no other president, Trump has used the government’s control over federal research funding to push for changes in higher ...

Allocations under Regs. Sec. 1.1245-1(e)(2)(i) may result in profits-interest partners being allocated ordinary income even ...

A 5-year-old boy was found dead on July 27 in a pond, according to authorities. The boy, Jaylen Saintelien, had been reported ...

Key Points ・A new proposal would send $600 tariff rebate checks to Americans using revenue collected under Trump-era trade policies. ・The rebates would apply to individuals making under $75,000 and ...