Tag: Treasury

No Movement on Changing the $20 Bill

By on May 21, 2019 in Current Events with 0 Comments
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.

Continue Reading »

Bill Would Authorize Interest Free Loans During the Shutdown

By on January 18, 2019 in Pay & Benefits with 0 Comments
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.

Continue Reading »

Government Will Issue Over $1 Trillion in New Debt This Year

on October 30, 2018 in Current Events with 0 Comments
The federal government will issue $1.34 trillion in new debt during 2018, according to a new Treasury Department projection.

Continue Reading »

Treasury Employee Arrested on Accusations of Leaking Media Secret Information About Suspicious Financial Transactions

on October 17, 2018 in Current Events with 0 Comments
A federal employee with the Treasury Department has been arrested on charges that she leaked to BuzzFeed News multiple reports about suspicious financial transactions involving ex-Trump campaign chief Paul Manafort, law-enforcement officials said.

Continue Reading »

Federal Deficit Expands to $779 billion in FY 2018

on October 15, 2018 in Current Events with 0 Comments
The U.S. federal budget deficit rose in fiscal 2018 to the highest level in six years as government spending climbed in areas such as interest on outstanding debt and Social Security according to a statement from the Treasury Department released Monday.

Continue Reading »

IRS to Reduce Collection of Personal Donor Information in Certain Cases

By on July 17, 2018 in Agency News with 0 Comments
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.

Continue Reading »

Treasury Department Unveils New 1040 Form

By on July 2, 2018 in Agency News with 0 Comments
Treasury Department Unveils New 1040 Form

A new individual income tax return form that is being touted as smaller and simpler was recently unveiled by the IRS and Treasury Department.

Continue Reading »

Treasury Department Won’t Say if it’s Changing the $20 Bill

on June 7, 2018 in Agency News with 0 Comments
The Treasury Department will not directly confirm if it intends to follow through on an Obama-era policy to put Harriet Tubman on the $20 bill.

Continue Reading »

Mnuchin: 90% of Wage Earners Will See Higher Paychecks Under New Withholding Tables

By on January 12, 2018 in Agency News, Pay & Benefits with 0 Comments
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.

Continue Reading »

Lawmakers Worried Treasury Department Will Use New Tax Tables for Political Gain

By on January 9, 2018 in Agency News with 0 Comments
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.

Continue Reading »

Top