irs

Cryptocurrencies crashed this week. Digital coins are still the future

US Federal Reserve takes steps in developing the digital dollar

Originally Published: 21 MAY 21 07:48 ET By Charles Riley, CNN Business (CNN) -- It hasn't been a great week for digital currencies. Bitcoin is trading nearly 40% below its record price of $64,000 following a sudden crash sparked by…

2020 taxes: Everything you need to know about filing this year

IRS will start accepting federal tax returns Friday

Originally Published: 10 FEB 21 09:56 ET By Jeanne Sahadi, CNN Business (CNN) -- The unprecedented events of 2020 changed so much about life as we knew it. And many of the changes and upheavals from last year have caused…

Mnuchin: Treasury can't comply with deadline for Trump tax returns

Treasury Secretary Steven Mnuchin informed Congress early Wednesday evening that his department would be unable to comply with House Democrats' deadline for President Donald Trump's tax returns, inserting himself into what is sure to be a pitched battle for the closely held documents.

Mnuchin vs. Democrats: 5 things to watch

Treasury Secretary Steven Mnuchin will face House lawmakers in back-to-back hearings Tuesday, his first appearance since Democrats formally requested President Donald Trump's tax returns.

NYT: Trump requested Senate prioritize IRS counsel nomination

President Donald Trump pushed in February for his nomination of the Internal Revenue Service's chief counsel to be fast-tracked in the Senate, even before the chamber held confirmation hearings on Trump's pending nominee for attorney general, The New York Times reported Thursday.

GOP warns Trump tax request sets ‘dangerous standard'

Congressional Republicans on Thursday criticized efforts by House Democrats to obtain President Donald Trump's tax returns with House Republican Leader Kevin McCarthy warning that the request "sets a dangerous standard of having the federal government used as a political weapon" and dismissing the move as "a waste of time."

Average tax refunds up $40 for 2019

The Treasury Department's latest weekly figures show that average taxpayer refunds are just about the same as last year's, even under the new tax reform.

IRS analyst charged in leak of Michael Cohen's bank records

Federal prosecutors have charged an analyst with the Internal Revenue Service with illegally disclosing confidential reports about Michael Cohen's bank records that revealed that President Donald Trump's former lawyer had sought to profit from his proximity to the White House, according to a complaint unsealed on Thursday.