Alan Rappeport
Posts
Yellen to Warn of ‘Enormous Economic Repercussions’ From Ukraine Invasion
The Treasury secretary plans to highlight risks of rising food and energy prices at a congressional hearing on Wednesday.
U.S. Levels New Sanctions on Russian Tech Companies
Some of the new sanctions focus on organizations that supply or support Russia’s defense sector.
The U.S. Leveled New Sanctions Against Russia
The Treasury Department warned that Russian gold sales could be subject to sanctions.
Yellen will discuss sanctions on Russian gold with lawmakers.
A proposal to target Russia’s gold reserves comes as the Biden administration looks to crack down on sanctions evasion.
Amid Russia Invasion, I.R.S. Aims to Police Oligarch Sanctions
It wants to add agents to a 3,000-person investigations unit to help crack down on attempts by Russian oligarchs to evade sanctions.
IRS Plans to Hire 10,000 Workers to Clear Tax Return Backlog
More than 20 million returns remain unprocessed, the agency said.
The I.R.S. plans to hire 10,000 workers to clear a tax return backlog.
More than 20 million returns remain unprocessed, the agency said.
IMF Warns Ukraine-Russia War Will Likely Slow Global Growth
The economic fallout from Russia’s invasion will depend on the outcome of the war and the duration of the sanctions.
I.R.S. Braces for Another Chaotic Tax Season
A shortage of staff and equipment has stalled America’s fiscal machinery.
US Escalates Sanctions With a Freeze on Russian Central Bank Assets
The action is likely to fuel rapid inflation in Russia as it wages war in Ukraine.