Chester County News and Community Website
WASHINGTON, D.C. — The U.S. Department of the Treasury, in partnership with the General Services Administration, has launched a new program aimed at cutting wasteful federal spending while rewarding employees …
USDA, GSA Launch SAVE Program to Cut Wasteful Spending and Reward Federal Employees Read More WASHINGTON, D.C. — The U.S. Department of the Treasury has released preliminary data showing that U.S. portfolio holdings of foreign securities climbed to $15.8 trillion by the end of 2024, …
U.S. Holdings of Foreign Securities Rise to $15.8 Trillion at Year-End 2024, Treasury Reports Read More
WASHINGTON, D.C. — The Internal Revenue Service Electronic Tax Administration Advisory Committee (ETAAC) has published its 2025 annual report, presenting 14 recommendations aimed at strengthening tax administration, enhancing security, and …
ETAAC Urges IRS and Congress to Bolster Tax Security and Digital Modernization Read More
WASHINGTON, D.C. — The Departments of Labor, Health and Human Services, and the Treasury have announced new measures to advance healthcare price transparency. These actions, initiated on Thursday, May 22, …
Know What You Pay: Bold Federal Push for Real Healthcare Price Transparency Read More WASHINGTON, D.C. — The U.S. Department of the Treasury formally announced the publication of an interim final rule by its Financial Crimes Enforcement Network (FinCEN). This newly enacted rule significantly …
Treasury Overhauls Corporate Transparency Rules, Slashing Burdens on U.S. Businesses Read More WASHINGTON, D.C. — The U.S. Department of the Treasury has announced significant changes to the enforcement of the Corporate Transparency Act, including a decision not to impose penalties or fines …
Treasury Slashes Burdensome Rules, Offers Relief to Small Businesses and Taxpayers Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in partnership with Australia’s Department of Foreign Affairs and Trade and the United Kingdom’s Foreign …
Crackdown on Russian Cybercrime Network: U.S., Australia, and UK Unite to Block Ransomware Infrastructure Read More
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have introduced proposed regulations mandating automatic enrollment provisions for newly established 401(k) and 403(b) retirement plans under …
Treasury and IRS Propose Rules Mandating Automatic Enrollment in New Retirement Plans Read More
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have unveiled proposed regulations addressing key provisions of the SECURE 2.0 Act related to retirement plan catch-up …
Treasury and IRS Propose New Rules for SECURE 2.0 Catch-Up Contributions Read More WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations classifying certain partnership related-party basis adjustment transactions as transactions of interest (TOIs). These …
Treasury and IRS Finalize Rules on Partnership Basis Shifting Transactions Read More