Steven Mnuchin

The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.

The agency has 90 days to review files and reach decisions.

Trump’s order defers the payment deadline to the end of the year, though Treasury Secretary Steven Mnuchin has said company participation is optional.

The Internal Revenue Service and the Treasury Department are beginning to send nearly 4 million economic impact payments by prepaid debit card, instead of by paper check or direct deposit.

Recipients of Social Security benefits, as well as railroad retirement and veterans benefits recipients, will need to act fast.

The platform aims to "assist … in meeting demands for redemptions” as alarm over the coronavirus continues to cause strains in short-term funding markets.

“Americans need to know they have access to their money," Treasury Secretary Steven Mnuchin said.

The actions include cutting the federal funds rate to between 0% and 0.25% and other steps to ease economic stress from the spread of the coronavirus.

"We seek to finance the government at the least possible cost to taxpayers over time," said Treasury Secretary Steven Mnuchin.

Officials hope to peg capital gains to inflation before the president faces reelection.

Geopolitical risk, dovish central banks and an aging business cycle are reinforcing bullish moorings in global debt.

The Treasury and IRS are lowering the withholding underpayment threshold to 80%.

“The reality is, in Washington, you have this massive amount of unpredictability,” a portfolio manager says.

Top wealth planners say they’re seeing increased interest in dynasty trusts as clients look to capitalize on the new tax law.

“It’s bad when this happens on a Friday, because then people get freaked out over the weekend.”

S&P 500 enjoys its biggest one-day jump since August 2015.

When 2018 taxes are due in April 2019, millions of Americans could find themselves owing the government far more than was withheld.

The president reportedly feels strongly that state and local taxes should be applied to online purchases.

Lawmakers are considering scrapping individual deductions, including tax breaks for certain plan contributions.

Many of the president's "core principles" were similar to promises he made on the campaign trail, including a reduction to 15% in the rate for businesses.