Profile picture of The New York Times
Interest on Federal Student Loans Is Rising to 6.53%: The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been ...
nytimes.com/2024/05/24/your-money/federal-student-loans-interest-rates.html
Interest on Federal Student Loans Is Rising to 6.53%
Profile picture of WION
Janet Yellen signals potential sanction escalation for banks in Russia : U.S. Treasury Secretary Janet Yellen has announced that the United States is considering ...
wionews.com/videos/janet-yellen-signals-potential-sanction-escalation-for-banks-in-russia-725490
Janet Yellen signals potential sanction escalation for banks in Russia
Profile picture of Common Dreams
'Grave Mistake': Yellen Under Fire for Opposing Global Billionaires Tax: "To reject the very idea of a global minimum tax on billionaires is to cede control ...
commondreams.org/news/yellen-global-billionaires-tax
'Grave Mistake': Yellen Under Fire for Opposing Global Billionaires Tax
Profile picture of ProPublica
IRS Audit Could Cost Trump $100 Million: The tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off ...
propublica.org/article/trump-irs-audit-chicago-hotel-taxes
IRS Audit Could Cost Trump $100 Million
Quick Glance: Controversial Accounting Methods Could Lead to Significant Tax Debts for Trump
  • An internal investigation by the Internal Revenue Service, uncovered by The New York Times and ProPublica, suggests that former President Donald J. Trump employed dubious accounting methods to claim improper tax breaks for his troubled tower in Chicago.

  • There are suspicions that Trump used questionable accounting methods when claiming tax breaks, which are now under investigation by the Internal Revenue Service.

  • A previously undisclosed focus of an I.R.S. audit involves a controversial accounting method that allegedly involved double write-offs on a Chicago skyscraper.

  • A years-long audit battle over the disputed claim could result in a tax bill exceeding $100 million, according to the findings.
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Yellen urges German banks to boost compliance with US sanctions on Russia: U.S. Treasury Secretary Janet Yellen urged German bank executives on Tuesday to step ...
reuters.com/world/europe/yellen-urges-european-banks-boost-compliance-with-us-sanctions-russia-2024-05-21/
Yellen urges German banks to boost compliance with US sanctions on Russia
Quick Glance: Yellen urges German banks to enhance adherence to US sanctions on Russia
  • US Treasury Secretary Janet Yellen urges German banks to intensify their efforts to comply with sanctions against Russia to avoid potential penalties.

  • Yellen urges banks to focus on Russian evasion methods to hinder Russia's procurement of sensitive goods.

  • The warning comes after the successful pressure from the US Treasury on Austria's Raiffeisen Bank to terminate a deal with a Russian tycoon.

  • Treasury officials emphasize the importance of sanctions compliance and collaborate with banks to implement them, especially regarding Russian business ties.
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US Treasury Secretary Janet Yellen has announced that the United States is considering tougher secondary sanctions on banks operating in Russia ... Show more

Videos News - Latest Videos News, Breaking Videos News, Videos News Headlines | wionews.com
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Trump could owe more than $100 million in taxes as a result of IRS inquiry, report says
cnn.com/2024/05/11/politics/donald-trump-taxes-irs-report/
Trump could owe more than $100 million in taxes as a result of IRS inquiry ...
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Liberal Judges Are Comparing Progressive Activists to Jan. 6 Rioters: Obama and Biden appointees have now compared a climate protester and an IRS whistleblower ...
rollingstone.com/politics/politics-features/judge-compare-climate-activist-irs-whistleblower-jan-6-rioters-1235027623/
Liberal Judges Are Comparing Progressive Activists to Jan. 6 Rioters
Profile picture of Chicago Tribune
Your tax refund could be bigger this year. Here’s what to do with it: The average taxpayer is getting a $2,852 refund, $75 more than last year ...
chicagotribune.com/2024/05/10/irs-tax-refund-what-to-do/
Your tax refund could be bigger this year. Here’s what to do with it
Profile picture of Associated Press
Report: Trump may face $100 million-plus IRS bill over skyscraper: A report by The New York Times and ProPublica says former President Donald Trump may face an ...
apnews.com/article/trump-tax-losses-audit-election-chicago-skyscraper-47729a0758e6b54aa06c075fc49c5c53
Report: Trump may face $100 million-plus IRS bill over skyscraper
Profile picture of The Hill (newspaper)
IRS extends Free File tax program: The IRS tax filing program that allows citizens to use certain corporate tax filing software for free is being extended ...
thehill.com/policy/technology/4679809-irs-extends-free-file-tax-program/
IRS extends Free File tax program
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A $1 bill worth thousands may be hiding in your wallet—here's what to look for: A printing error made around a decade ago resulted in millions of $1 bills with a ...
cnbc.com/2024/05/25/collectors-may-pay-thousands-for-dollar-bills-with-printing-error.html
A $1 bill worth thousands may be hiding in your wallet—here's what to look ...
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Former President Donald Trump faces a potential tax bill of more than $100 million from a longstanding IRS audit of financial maneuvers connected to his ... Show more
Profile picture of Accounting Today
IRS extends Free File through 2029: The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test ...
accountingtoday.com/news/irs-extends-free-file-through-2029
IRS extends Free File through 2029
Profile picture of Axios (website)
A new novel shows how the U.S. fought Nazis with economics: "The Wealth of Shadows" by Graham Moore skillfully pairs spycraft with big economic ideas.
axios.com/2024/05/24/graham-moore-wealth-of-shadows-book
A new novel shows how the U.S. fought Nazis with economics
Profile picture of Bloomberg
Intuit (INTU) Falls After Earnings Show TurboTax Losing 1 Million Free Users: Intuit Inc. shares fell the most in more than 18 months after the company reported ...
bloomberg.com/news/articles/2024-05-23/intuit-sales-outperform-as-tax-filers-choose-pricier-features
Intuit (INTU) Falls After Earnings Show TurboTax Losing 1 Million Free ...
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US Treasury Secretary Janet Yellen has warned of the risk of a “humanitarian crisis” if Israel cuts off a crucial financing channel to Palestinian banks ... Show more

Live Updates: Gaza invasion - DAWN.COM
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Yellen sees no 'showstoppers' on G7 Ukraine loan backed by Russian asset earnings
cnbc.com/2024/05/25/yellen-sees-no-showstoppers-on-g7-ukraine-loan-backed-by-russian-asset-earnings.html
Yellen sees no 'showstoppers' on G7 Ukraine loan backed by Russian asset ...
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Your tax refund could be bigger this year. Here's what to do with it: The average taxpayer is getting a $2,852 refund, $75 more than last year
abcnews.go.com/Business/wireStory/tax-refund-bigger-year-110099074
Your tax refund could be bigger this year. Here's what to do with it
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Treasury Secretary Yellen on why Biden is targeting Chinese manufacturing with new tariffs
pbs.org/newshour/show/treasury-secretary-yellen-on-why-biden-is-targeting-chinese-manufacturing-with-new-tariffs
Treasury Secretary Yellen on why Biden is targeting Chinese manufacturing ...
Quick Glance: Biden introduces new China tariffs on electric vehicles, solar, and chips
  • President Joe Biden announced tariffs on $18 billion worth of Chinese imports, including a significant tax increase on electric vehicles, to safeguard his administration's investments in key sectors in the US.

  • The targeted tariffs cover EVs, solar cells, steel, aluminum, semiconductors, batteries, minerals, solar, and medical products.

  • Biden emphasized the importance of the tariffs as a 'smart approach' while criticizing Trump's trade policies.

  • Despite economists' concerns about increased consumer costs and inflation, administration officials defended the targeted tariffs as necessary to protect ongoing investment progress.
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Because of Russia: Janet Yellen threatens German banks with sanctions: Banks must get out of Russia. But why has the USA suspended sanctions against Russian ...
berliner-zeitung.de/wirtschaft-verantwortung/wegen-russland-janet-yellen-droht-deutschen-banken-mit-sanktionen-li.2217509
Because of Russia: Janet Yellen threatens German banks with sanctions
Profile picture of CNBC
Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more
cnbc.com/2024/05/14/biden-raises-china-tariffs-on-evs-solar-panels-batteries-.html
Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels ...
Quick Glance: 5 insights from Biden's tariff hikes on Chinese electric vehicles
  • The US has significantly increased tariffs on Chinese electric vehicles to boost US jobs and manufacturing.

  • Biden's climate plan relies on US jobs while protective measures and subsidies promote green energy.

  • There is bipartisan support for US-made electric vehicles.

  • Trump and Biden both favor tariffs, but differences exist in their approaches towards China and their impacts.
Profile picture of The Hill (newspaper)
Deadline to claim $1 billion in tax refunds nears – do you qualify?: A crucial deadline is coming later this month for some taxpayers who may be owed their share ...
thehill.com/homenews/4652600-deadline-to-claim-1-billion-in-tax-refunds-nears-do-you-qualify/
Deadline to claim $1 billion in tax refunds nears – do you qualify?
Profile picture of Insider (news website)
An early retiree says saving too much in his 401(k) made him cash-poor: "While I was rich on paper, I did not have a lot of cash on hand," says early retiree ...
businessinsider.com/early-retiree-saved-too-much-in-401k-financial-independence-strategy-2024-5
An early retiree says saving too much in his 401(k) made him cash-poor
Profile picture of Bloomberg
Nonbank Mortgage Companies Pose Financial Stability Risks, Yellen Says: Nonbank mortgage companies, which increasingly dominate the sector, pose unique risks and ...
trib.al/5RMXWU1
Nonbank Mortgage Companies Pose Financial Stability Risks, Yellen Says
Profile picture of Bloomberg
Where’s the Bond Market’s Breaking Point? It’s Not $35 Trillion: There’s a truckload of cash looking for the high Treasury yields and stellar economic story the ...
bloomberg.com/opinion/articles/2024-05-13/where-s-the-bond-market-s-breaking-point-it-s-not-35-trillion
Where’s the Bond Market’s Breaking Point? It’s Not $35 Trillion
Profile picture of WION
US regulators may cut bank capital hikes : The Federal Reserve together with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the ...
wionews.com/business-economy/us-regulators-may-cut-bank-capital-hikes-723443
US regulators may cut bank capital hikes
Profile picture of Newsweek
IRS Office Flooded With Hundreds of People Looking for Tax Refund: Some showed up at 10 p.m. on Friday to catch the top spots for the IRS line.
newsweek.com/irs-office-flooded-hundreds-people-tax-refund-1903528
IRS Office Flooded With Hundreds of People Looking for Tax Refund
Profile picture of Chicago Tribune
Editorial: The IRS gets back on its feet. Time to crack down on wealthy cheaters.
chicagotribune.com/2024/05/13/editorial-irs-funding-audits-wealthy-cheaters/
Editorial: The IRS gets back on its feet. Time to crack down on wealthy ...
Profile picture of The Wall Street Journal
Opinion | Janet Yellen’s New Too-Big-To-Fail Firms: Treasury says non-bank mortgage servicers are systemically important.
on.wsj.com/3QJFjss
Opinion | Janet Yellen’s New Too-Big-To-Fail Firms
Profile picture of CNBC
The decision to sell your home vs. rent it out is 'complicated,' experts say — what to know
cnbc.com/2024/05/21/sell-or-rent-my-house.html
The decision to sell your home vs. rent it out is 'complicated ...
Profile picture of Bloomberg
JPMorgan (JPM) Failed to Monitor Billions of Client Orders, CFTC Says: JPMorgan Chase & Co. failed to properly monitor billions of client orders between 2014 ...
bloomberg.com/news/articles/2024-05-23/jpmorgan-failed-to-monitor-billions-of-client-orders-cftc-says
JPMorgan (JPM) Failed to Monitor Billions of Client Orders, CFTC Says
Profile picture of The Washington Post
In reversal, IRS plans to let N.D. help tribes on child support payments: More than a year after pressuring North Dakota to stop helping Native American tribes ...
washingtonpost.com/business/2024/05/16/irs-child-support-refunds/
In reversal, IRS plans to let N.D. help tribes on child support payments
Profile picture of Accounting Today
IRS cuts PTIN fees: The Internal Revenue Service published final regulations officially lowering the fees for new Preparer Tax Identification Numbers and renewed ...
accountingtoday.com/news/irs-cuts-ptin-fees
IRS cuts PTIN fees
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A Whistleblower Exposed Trump’s Tax Avoidance. Biden Should Pardon Him: Charles Littlejohn revealed the injustice of America’s tax system and the need for reform ...
rollingstone.com/politics/political-commentary/charles-littlejohn-whistleblower-trump-tax-biden-pardon-1235022648/
A Whistleblower Exposed Trump’s Tax Avoidance. Biden Should Pardon Him
Profile picture of WION
US sanctions target Russian schemes to evade sanctions : The US Treasury Department has exposed an alleged scheme by a sanctioned Russian oligarch to evade ...
wionews.com/videos/us-sanctions-target-russian-schemes-to-evade-sanctions-721578
US sanctions target Russian schemes to evade sanctions
Profile picture of Accounting Today
Getting ready for new digital asset reporting regs: Insights into the IRS's progress on the Form 1099-DA and forthcoming regs on crypto asset reporting.
accountingtoday.com/news/getting-ready-for-the-irss-new-digital-asset-reporting-regulations
Getting ready for new digital asset reporting regs
Profile picture of Bloomberg
CFTC’s Kristin Johnson To Be Tapped for Top Treasury Role by White House: The White House is poised to nominate Kristin Johnson, a Democratic commissioner at the ...
bloomberg.com/news/articles/2024-05-09/white-house-poised-to-nominate-cftc-s-johnson-to-treasury-role
CFTC’s Kristin Johnson To Be Tapped for Top Treasury Role by White House
Profile picture of Orlando Sentinel
Editorial: The IRS gets back on its feet. Time to crack down on wealthy tax cheats
orlandosentinel.com/2024/05/17/editorial-irs-funding-audits-wealthy-cheaters/
Editorial: The IRS gets back on its feet. Time to crack down on wealthy ...
Profile picture of Accounting Today
IRS intensifies safeguards for transcripts, CAF security: Tax professionals will need to take extra steps to get access to certain systems and information.
accountingtoday.com/news/irs-intensifies-safeguards-for-transcripts-caf-security
IRS intensifies safeguards for transcripts, CAF security
Profile picture of The Washington Post
An IRS change cut child support for Native moms. Other families may be next.: The IRS has threatened to cut off states from garnishing delinquent parents’ tax ...
washingtonpost.com/business/2024/05/12/child-support-tax-refunds/
An IRS change cut child support for Native moms. Other families may be ...
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Mortgage companies could intensify the next recession, US officials warn: US officials worry the next recession could be intensified by a cascading series of ...
cnn.com/2024/05/13/economy/mortgage-company-risk-regulation-fsoc/
Mortgage companies could intensify the next recession, US officials warn
Profile picture of Insider (news website)
Janet Yellen says Russia funds proceeds could make a $50 billion loan: "I think we see considerable interest among all of our partners in a loan structure that ...
businessinsider.com/russia-frozen-assets-loan-ukraine-war-aid-putin-offensive-yellen-2024-5
Janet Yellen says Russia funds proceeds could make a $50 billion loan
Profile picture of The Salt Lake Tribune
Letter: The reality is that there really is a ‘deep state.’ I used to be a part of it.
sltrib.com/opinion/letters/2024/05/09/letter-reality-is-that-there/
Letter: The reality is that there really is a ‘deep state ...
Profile picture of Axios (website)
The mystery of charitable fund fees: No one will say how big they are.
axios.com/2024/05/17/charitable-funds-taxes-irs-daf-fees
The mystery of charitable fund fees
Profile picture of The Guardian
Could new US sanctions threaten the future of West Bank settlements?: Joe Biden’s latest executive order gives scope to target the finances of Israeli ...
theguardian.com/world/article/2024/may/12/could-new-us-sanctions-threaten-future-of-west-bank-settlements
Could new US sanctions threaten the future of West Bank settlements?
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Time to claim $1B in tax refunds dwindles: A state-by-state breakdown: The IRS says 1 million people face a May 17 deadline to submit their tax returns for ...
foxbusiness.com/personal-finance/time-to-claim-1-billion-tax-refunds-dwindles-state-by-state-breakdown
Time to claim $1B in tax refunds dwindles: A state-by-state breakdown
Profile picture of Reuters
Senator Warren chides US Treasury for slow progress in tackling racial discrimination
reuters.com/world/us/senator-warren-chides-us-treasury-slow-progress-tackling-racial-discrimination-2024-05-10/
Senator Warren chides US Treasury for slow progress in tackling racial ...
Profile picture of HuffPost
Signs Your 'Hangover' May Actually Be An Alcohol Intolerance: Here's how to spot the signs, and what to do about it.
huffpost.com/entry/alcohol-allergy-intolerance_l_66353550e4b00b1eab534d2f
Signs Your 'Hangover' May Actually Be An Alcohol Intolerance
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Five Things You Need to Know to Start Your Day: Asia: Good morning. Goldman sees upside pressure for US stocks and bonds. Yellen hopes China won’t mount major ...
trib.al/aaZZOfP
Five Things You Need to Know to Start Your Day: Asia
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US Treasury Secretary Janet Yellen tells Sky News she sees a ‘possibility’ of a $50bn loan from seized Russian assets being given to Ukraine.#ukraine #usa #loan
Profile picture of Accounting Today
IRS adjusts HSA amounts for 2025: The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to ...
accountingtoday.com/news/irs-adjust-hsa-amounts-for-2025
IRS adjusts HSA amounts for 2025
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US to hold auctions to sell airline warrants received during COVID bailouts: The U.S. Treasury Department said on Friday it planned to conduct a series of ...
reuters.com/business/aerospace-defense/us-hold-auctions-sell-airline-warrants-received-during-covid-bailouts-2024-05-10/
US to hold auctions to sell airline warrants received during COVID ...
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Editorial: How to fix America’s cruel & unusual tax code: As it stands, the US system delights the tax-prep industry but imposes enormous avoidable costs on the ...
bostonherald.com/2024/05/20/editorial-how-to-fix-americas-cruel-unusual-tax-code/
Editorial: How to fix America’s cruel & unusual tax code
Profile picture of CNBC
Yellen says Chinese response possible on expected U.S. tariff action: The United States could see a significant response from China following any U.S ...
cnbc.com/2024/05/13/yellen-says-chinese-response-possible-on-expected-us-tariff-action.html
Yellen says Chinese response possible on expected U.S. tariff action
Profile picture of HotHardware
MIT Students Staged $25M Ethereum Heist In Just 12 Second Flat: DoJ prosecutors and IRS agents were able to simply “follow the money,” and ultimately put the ...
hothardware.com/news/mit-alumni-brothers-steal-25-million-in-ethereum-in-under-12-seconds
MIT Students Staged $25M Ethereum Heist In Just 12 Second Flat