The IRS, hampered by the pandemic, still delivered $269 billion in rapid relief with 99.5% accuracy. Critics are unimpressed.
Read More
Tag Archives: The U.S. Treasury Department
Crazed Talk About Double Dipping
The Treasury’s boss rails against double dipping in the tax pool, but he is the one taking the plunge.
Read More
Too Many PPP Chefs
Treasury changed lawmakers’ recipe for small business financial aid, and the IRS added uncertainty to the pot.
Read More
Paycheck Protection, Round Two
Another round of the Paycheck Protection Program is about to get started, but this time public companies need not apply.
Read More
Small Business Health In Viral Times
New federal paid-leave rules are a down payment on a treatment plan for the pandemic’s economic symptoms.
Read More
Every Rule Has Its Price
Diminishing liquidity in financial markets is the unwanted but unsurprising consequence of post-crash rulemaking.
Read More
A Trump Tax Policy Highlight
The Trump administration has scored an early tax policy success, simply by stopping destructive Obama-era regulations.
Read More
The Inevitable Future Arrives
For the first time, retirees in a private-sector pension plan are seeing their benefits cut for lack of funds.
Read More
Treasury Feels The Hamilton Heat
As Alexander Hamilton enjoys his greatest acclaim in more than two centuries, his modern-day successor squirms.
Read More
Beating Down An IRS Overreach
Congress “clarifies” a PPP rule to say what it said in the first place.
Read More