The shipping companies are based in Hong Kong and Marshall Islands. The U.S. Treasury Department announced sanctions against two shipping companies involved with an Iranian-backed Houthi financial facilitator.…
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IRS Improves Phone Service Levels in Current Tax Season
The agency seeks to show the efficacy of additional funding. The Internal Revenue Service (IRS) has shown improved phone response metrics as the tax season kicks off, reportedly…
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President Announces New Sanctions Against Russia
Hundreds of new sanctions imposed against that country after Alexei Navalny died in Siberian prison. President Joe Biden announced that over 500 new sanctions were being imposed upon…
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Treasury Proposes System to Address Money Laundering in Real Estate
The department would track and flag suspicious home purchases. The U.S. Treasury Department proposed a new system that real estate agents can use to flag suspicious real estate…
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Treasury Secretary Testifies Before Senate Banking Committee
She does not believe that commercial real estate vacancies pose a risk to the nation’s financial system. U.S. Treasury Secretary Janet Yellen testified before the Senate Banking Committee…
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Treasury Secretary Says Prices Are Not Coming Back Down
She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
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DOL Requests Public Input on Retirement Plan Disclosures
Federal agencies are looking at how many and how often workers receive retirement disclosures, as well as their effectiveness. The Department of Labor announced that the Employee Benefits…
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IRS Releases Tax Guidance for EV Charging Station Installations
Businesses and homes may file for tax credits for installing stations. The Internal Revenue Service (IRS) released additional guidelines for tax credits granted to recent installations of electric…
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Treasury Sanctions Four Houthi Officials for Red Sea Attacks
Part of the U.S. response to the Yemen-based rebel group targeting commercial vessels. The Department of the Treasury sanctioned four key officials of the Houthi group based in…
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Treasury Approves Funding for New York High-Speed Internet
$228 million in competitive grants made available to the state Municipal Infrastructure Program. The Department of the Treasury approved $228 million for high-speed internet construction in New York,…
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