The agency seeks to increase understanding of current AI use within financial services. The Department of the Treasury recently released a request for information and insight on the…
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IRS Announces Tax Bonus for Domestically Produced Iron
The agency released guidance on how to apply for a 10 percent tax credit. The Internal Revenue Service (IRS) released new tax guidance this past week, instructing companies…
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IRS Extends Remote Work Pilot
The agency is analyzing data for future policy. The Internal Revenue Service (IRS) has extended its remote work pilot program, which was slated to end in June, through…
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New Sanctions Placed on Russian Chemical Weapons Developers
The U.S. alleges Russia has used chemical weapons in Ukraine. President Biden’s administration announced new sanctions against those involved in Russia’s chemical weapons development programs. The administration alleges…
Read MoreIRS Exceeds Taxpayer Assistance Response Goals
Secretary Yellen seeks to maintain Congressional investment. The Internal Revenue Service (IRS) said this week that the agency exceeded its taxpayer response goals for the year. They attribute…
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Treasury Secretary Concludes Trip to China
She advocated the continued boycott of Russia during her visit. Secretary of the Treasury Janet Yellen concluded her five-day visit with Chinese Premier Li Qiang this week with…
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Prerequisites Suggested Before President’s Meeting with Iraqi Prime Minister
Legislators write President Biden with recommendations in light of ongoing militia attacks. Eight members of the House majority sent President Joe Biden a letter this week providing suggestions…
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Treasury Sanctions Chinese Hackers for Targeting U.S. Infrastructure
U.S. and UK imposed sanctions, filed charges, and accused China of a massive cyberespionage campaign. The Department of the Treasury sanctioned two Chinese nationals and one Chinese company…
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Task Force Discusses Economic Ramifications of Baltimore Bridge Collapse
Secretary Yellen directs Treasury Department to conduct financial assessment. Secretary of the Treasury Janet Yellen stated that a task force is meeting to assess the financial ramifications of…
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Treasury Places Sanctions on Nicaragua Attorney General
The officials seized the properties of deported political opponents and deeded them to new owners. The Treasury Department has sanctioned the Attorney General of Nicaragua for her role…
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