Tag: Treasury
Some Stimulus Payments Coming Via Debit Cards
Some of the remaining COVID-19 stimulus payments are being distributed via prepaid debit cards.
Did You Get a Coronavirus Stimulus Check Sent to a Dead Person? The IRS Wants it Back
The IRS has mistakenly sent some of the coronavirus stimulus payments to deceased individuals and is now asking for them to be returned.
No Movement on Changing the $20 Bill
The government previously approved changing the face of the $20 bill, but it appears that effort has waned after the 2016 election.
Bill Would Authorize Interest Free Loans During the Shutdown
A new legislative proposal would require the Treasury Department to make interest free loans available to federal employees during the shutdown.
IRS to Reduce Collection of Personal Donor Information in Certain Cases
The Treasury Department announced that the IRS will no longer require certain tax-exempt organizations to file personally identifiable information about their donors.
Mnuchin: 90% of Wage Earners Will See Higher Paychecks Under New Withholding Tables
The IRS has released new tax withholding tables, and many employees should start seeing higher paychecks by February according to the Treasury Department.
Lawmakers Worried Treasury Department Will Use New Tax Tables for Political Gain
Two lawmakers are worried that the Treasury Department will “unduly influence” tax withholding tables to skew the apparent benefits of the new tax law.
Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling
The Treasury Department has announced it will no longer be able to fully invest in two federal employee retirement funds to avoid hitting the debt ceiling.
OGE Reminds Agency Leaders to Promote an ‘Ethical Culture’
The Office of Government Ethics is reminding agency leaders to ensure they act in ways that will not erode the trust of the American public.
Treasury Announces End of myRA Program After $70 Million Loss
The Treasury Department has announced that it is phasing out the myRA program due to substantial cost overruns and lack of use.
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