IR-2026-88, Aug. 6, 2026 — The Internal Revenue Service today updated frequently asked questions about the deductions for qualified overtime compensation.
IR-2026-86, Aug. 5, 2026 — The Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-28, providing guidance on the employer credit for paid family and medical leave (PFML) under the Working Families Tax Cuts (WFTC).
IR-2026-85, Aug. 4, 2026 — The Internal Revenue Service and Security Summit partners today warned tax professionals to watch for phishing emails and other schemes designed to steal sensitive taxpayer data.
IR-2026-85, Aug. 4, 2026 — The Internal Revenue Service and Security Summit partners today warned tax professionals to watch for phishing emails and other schemes designed to steal sensitive taxpayer data.
Under the Bank Secrecy Act (BSA), 31 U.S.C. 5311 et seq., and its implementing regulations at 31 C.F.R. Chapter X (formerly 31 C.F.R. Part 103), FinCEN may bring an enforcement action for violations of the reporting, recordkeeping, or other requirements of the BSA. FinCEN's Office of Enforcement evaluates enforcement matters
WASHINGTON—Today, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a $125,000,000 civil money penalty against UBS Financial Services Inc. (UBSFS) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering and countering the financing of terrorism law that safeguards the financial system from
IR-2026-84, July 28, 2026 — The Internal Revenue Service today highlighted the upcoming National Whistleblower Day, and the important role whistleblowers play in exposing fraud, reducing the tax gap, and strengthening compliance.
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a statement of enforcement policy in support of economic recovery and earthquake relief efforts in Venezuela.ResourcesStatement of Enforcement Policy
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Alert urging financial institutions to detect, prevent, and report suspicious activity connected to fraud schemes targeting student aid programs administered by the Federal government. Resources