U.S. Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, launched an investigation into the multinational Swiss bank Pictet to determine whether it is abetting ongoing tax evasion by a U.S. ...
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New guidance was issued by the U.S. Treasury Department and Internal Revenue Service (IRS) regarding the bonus tax credits for clean energy projects and facilities located in so-called energy communit...
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U.S. Rep. Randy Feenstra (R-IA) is among a group of lawmakers voicing their opposition to proposed tax hikes on family farms and small businesses. Feenstra and the lawmakers are taking issue ...
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A group of Senate Democrats are urging the Consumer Financial Protection Bureau to take action to prevent predatory medical debt collection practices. Last year, the CFPB announced several potenti...
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U.S. Reps. Brad Sherman (D-CA) and Victoria Spartz (R-IN) introduced legislation that would end the capital gains tax break for Americans who invest in stocks from China, Russia, and other adversarial...
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U.S. Sens. Ron Wyden (D-OR) and Angus King (I-ME) said they had introduced legislation Wednesday that would crack down on the practice of using high-value trusts to avoid income, gift and estate taxes...
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An Ohio judge on March 20 dismissed a case accusing two activist investors of violating Ohio’s anti-greenmail statute, a decision that if it had gone another way stood to chill investment in Ohio co...
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A new survey released by the American Bankers Association (ABA) shows growing consumer confidence in banks. Among the key findings of the survey, developed for ABA by Morning Consult, 87 percent o...
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U.S. Sen. Elizabeth Warren (D-MA), joined U.S. Reps. Pramila Jayapla (D-WA) and Brendan Boyle (D-PA) in re-introducing legislation that would tax the ultra-millionaire households. The legislation,...
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The Independent Community Bankers of America (ICBA) elected Lucas White as chairman of its board for 2024-25. White, who is president of The Fountain Trust Co. in Covington, Ind., began his term on...
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