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The Department of the Treasury has reissued guidance for the Coronavirus Relief Fund, which distributes $150 billion to states, tribal governments, and eligible local governments to help them manage costs associated with the COVID-19 public health emergency. This guidance outlines how the funds should be used, ensuring expenditures are necessary and incurred due to the pandemic, fall outside the existing budget as of March 27, 2020, and occur within the defined period from March 1, 2020, to December 31, 2021. It also provides nonexclusive examples of both eligible and ineligible expenses, discussing conditions under which funds can be used to support various sectors like healthcare, public safety, and economic relief efforts. Recipients need to ensure compliance and maintain records to avoid repayment of improperly utilized funds.

The Department of the Treasury is seeking public feedback on their information collection requests related to the sale of financial instruments like bank checks and money orders. These rules are part of efforts to comply with the Bank Secrecy Act, which requires record-keeping for transactions involving $3,000 or more to prevent illegal activities. The public is invited to provide comments by January 2, 2025. This collection primarily impacts businesses and aims to track large cash transactions more effectively.

The Department of the Treasury has announced its plan to submit requests to the Office of Management and Budget (OMB) for approval of information collections related to U.S. Income Tax Return forms for individuals. This is in line with requirements of the Paperwork Reduction Act of 1995. The forms, such as Form 1040, are used by individuals to report their taxable income and calculate taxes owed. The Treasury Department invites the public to provide comments on these requests by February 10, 2021, to ensure they are considered. The document also includes estimated costs, time burdens, and details about changes to forms affecting taxpayers.

The Executive Order titled "Protecting America's Bank Account Against Fraud, Waste, and Abuse" aims to improve financial integrity within the federal government. It instructs the Department of the Treasury to enhance systems and guidance for verifying government payments to prevent fraud and improper payments. The order mandates federal agencies to consolidate their financial management systems and work with the Treasury to ensure funds are properly managed. Additionally, it focuses on increasing the transparency and efficiency of financial transactions to safeguard taxpayer dollars.

The Department of the Treasury is seeking public comments on several IRS information collection requests that will be reviewed by the Office of Management and Budget. These collections involve energy credits for small wind energy properties and a waiver of the 60-day rollover requirement for certain retirement funds. The public can submit their comments via the website www.reginfo.gov by February 18, 2025, to ensure consideration. The document mentions no changes are being made to the current processes, and it outlines the estimated burden hours for respondents.

The Department of the Treasury has announced that they will be submitting various information collection requests to the Office of Management and Budget (OMB) for review. These requests are part of a routine process governed by the Paperwork Reduction Act of 1995. The public is encouraged to submit comments by January 21, 2025, for consideration. The notice includes details about different forms and applications used by the Internal Revenue Service (IRS) for purposes such as employee pensions and advisory council membership, along with estimated burdens associated with each.

The Department of the Treasury is planning to submit several information collection requests to the Office of Management and Budget (OMB) for review. These requests are related to financial crime regulations, such as reporting large cash transactions and anti-money laundering requirements for casinos. The public is encouraged to provide comments on these proposals by March 26, 2021. The document details different areas where the Treasury seeks to extend its data gathering efforts under existing regulations without making changes.

The Department of the Treasury is seeking public comments on their information collection requests, which will be reviewed by the Office of Management and Budget (OMB). These requests relate to the reporting and recordkeeping requirements under the Bank Secrecy Act (BSA) for U.S. persons with foreign financial accounts. The BSA helps combat money laundering and terrorism by requiring financial institutions to keep records and file reports helpful in various matters. The key form related to this is the FinCEN Report 114, also known as the FBAR, which must be filed annually if foreign accounts exceed $10,000 in the previous calendar year. The deadline for public feedback is February 25, 2021.

The Department of the Treasury announced that information about the Emergency Rental Assistance Program is available on their website. This program provides $25 billion to help states, U.S. territories, local governments, and tribal communities with rental payments and utilities for those in need. At least 90% of the funds must be used for rent, utilities, and related expenses, while up to 10% can be used for housing stability services and administrative costs. More details and a payment information form can be found online.

The Department of the Treasury is seeking public comments on information collection requests it plans to submit to the Office of Management and Budget (OMB). These collections are related to tax-exempt organizations, which file various forms to maintain their exempt status under the Internal Revenue Code. The forms help ensure that these organizations meet the requirements of their tax-exempt status and are also used for statistical purposes. Comments from the public are invited and should be submitted by February 26, 2021.