WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) hosted a FinCEN Exchange focused on combating illicit financial activity associated with transnational scam centers. The event brought together representatives from financial institutions, digital asset industry partners, law enforcement agencies, and other government partners to share information on
The Financial Crimes Enforcement Network (FinCEN) is withdrawing a notice of proposed rulemaking that would have amended the Recordkeeping and Travel Rule regarding convertible virtual currencies. It also would have lowered the threshold for funds transfers and transmittals of funds that begin or end outside the United States. This proposal
IR-2026-134, Nov. 6, 2026 — The IRS today announced that authorized tax professionals can now make certain payments on behalf of their business clients through Tax Pro Account.
Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order effectively cutting off MEXC Global’s access to the U.S. financial system. MEXC Global is a convertible virtual currency exchanger that has facilitated at least $16 billion in illicit transactions
IR-2026-132, Nov. 5, 2026 — The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today announced the Qualified Opportunity Zone (QOZ) designations for all 50 states, territories, and the District of Columbia.
IR-2026-133, Nov. 5, 2026 — The Internal Revenue Service today announced the tax year 2027 annual inflation adjustments for almost 70 tax provisions, including the tax rate schedules, standard deduction amounts and other tax changes. Revenue Procedure 2026-35 provides details about these annual adjustments.
IR-2026-130, Nov. 4, 2026 — The Internal Revenue Service today reminded paid tax return preparers to renew their preparer tax identification number for 2027.
IR-2026-131, Nov. 4, 2026 — The Internal Revenue Service today announced the launch of the 2026 IRS Nationwide Tax Forum Online, providing tax professionals access to more than a dozen seminars recorded at this year's IRS Nationwide Tax Forum and the opportunity to earn continuing education credits.
In Minnesota, alongside other senior U.S. officials, U.S. Secretary of the Treasury Scott Bessent today announced several initiatives to combat the rampant fraud that has wasted billions of dollars in Minnesota. As part of the White House Task Force to Eliminate Fraud, Treasury continues to work tirelessly to protect American
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is informing U.S.