Tag: department_of_the_treasury
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IRS Grants Temporary Relief on Reporting for Taxable Dyed Diesel Uses
The relief covers dyed diesel used between Oct. 1 and Dec. 31, 2026, and applies even where filing deadlines fall after the period ends.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyEnergyLegalUSA Internal Revenue Servicedyed dieselsection 4041(a)Form 720excise taxrecordkeeping reliefDepartment of the Treasurytax reporting relief
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Social Security Now Mails Trump Account Info to Parents of Newborns
SSA is adding Trump Account instructions to Social Security cards issued to newborns through Enumeration at Birth, pointing parents to the app to claim a possible $1,000 Treasury contribution.
Politics and GovernmentBusinessFederal GovernmentEconomyBankingSocial Issues Social Security AdministrationTrump AccountsEnumeration at BirthFrank J. BisignanoDepartment of the Treasurynewbornstax-advantaged investment accounts
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Social Security to Fully Transition to Electronic Payments
The Social Security Administration is transitioning all federal benefit payments to electronic methods by September 30, 2025. This move, mandated by federal law, aims to boost efficiency, cut costs, and enhance security for beneficiaries.
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentEconomyComputers and InternetLegal Social Security Administrationelectronic paymentsfederal benefitsDepartment of the TreasuryExecutive Order 14247GovernmentFinance