Headaches and Backlogs Loom as Tax Filing Season Nears Again
WASHINGTON—The third tax-filing season during the coronavirus pandemic is set to begin soon with more delays, uncertainty and frustration likely...
treasury department
Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral
ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a...
Federal Government Could Be Unable to Pay Bills as Soon as Dec. 15, Yellen Says
The U.S. government could run out of resources to meet the nation’s obligations as soon as Dec. 15, Treasury Secretary...
Federal Deficit Narrowed in October, Ahead of Debt-Ceiling Debate
The federal government ran a $165 billion deficit during October, a smaller gap when compared with a year earlier, as...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
President Biden Signs Bill to Fund CFTC Whistleblower Program
President Biden has signed into law legislation that would temporarily set up a new account to pay for the operations...
