U.S. Treasury Secretary Janet Yellen said spending could have have contributed "a little bit" to rising inflation.

Following the 11th Circuit's ruling in Green Rock LLC v. IRS this past summer, the IRS has decided to cease its defense of post-American Jobs ...

Congress enacted Internal Revenue Code Section 6751(b) to protect taxpayers from the IRS using penalties as a bargaining ...

Shares of Nuscale Power Corporation (NYSE:SMR) dropped by 8.24 percent or $1.95 on Tuesday to finish at $21.72 apiece as ...

To keep you informed of recent activities, below are several of the most significant federal and state events that have ...

The Treasury Department and the Internal Revenue Service released final rules for the clean electricity investment and ...

The US Treasury Department and the Internal Revenue Service (IRS) have proposed regulations to modernise the rules governing tax professionals. This proposed regulation would the affect certain ...

An illustration of a magnifying glass. An illustration of a magnifying glass.

The Department of Justice’s internal investigation into misconduct allegations against special counsel Jack Smith’s office will not conclude until next year, likely after Smith’s office has ...

The U.S. Treasury Department and the Internal Revenue Service (“IRS”) published final regulations on December 4, 2024, defining “energy property” and rules applicable to energy credits ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will not hold an emergency tax-raising UK Budget next spring in the event low growth or other ...