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The Department of the Treasury is seeking feedback from the public and other agencies on a proposed extension of its current data collection requirements related to international capital and foreign currency transactions. These recordkeeping requirements help the Treasury to manage U.S. claims and liabilities involving foreigners, securities transactions with foreigners, and foreign currency transactions of U.S. businesses. The department is requesting comments on various aspects of these requirements, including their necessity, accuracy, and ways to reduce the paperwork burden on businesses. Written comments should be submitted by April 28, 2025.

The Internal Revenue Service (IRS) is asking for public comments on information collection activities related to the Qualifying Advanced Coal Project Program (Round 3 of Phase III). This is part of their ongoing effort to reduce paperwork and respondent burden as per the Paperwork Reduction Act of 1995. Comments are especially welcomed on the necessity, accuracy, clarity, and possible improvements in the collection methods. The IRS aims to ensure these processes have practical utility while minimizing any burden on respondents.

The Internal Revenue Service (IRS) and the Treasury Department have issued a correction to a previously proposed rule about the definition of qualified nonpersonal use vehicles. The correction pertains to the contact information of a person named Stephanie Caden, which was published in the Federal Register on December 3, 2024. Interested parties can send comments or request a public hearing by March 3, 2025. Comments can be submitted electronically through the Federal eRulemaking Portal or sent via mail to the IRS.

The Treasury Department and the Internal Revenue Service (IRS) have issued new regulations clarifying when tax-exempt bonds are considered retired for federal tax purposes. These rules aim to unify previous guidelines and are important for state and local governments that issue such bonds. The regulations detail specific situations where bonds can be seen as retired, including significant modifications to bond terms or certain transactions like purchases by the issuer. These changes will take effect on December 30, 2025, but issuers have the option to apply the new rules starting December 30, 2024.

The Internal Revenue Service (IRS) is asking for public feedback on the ongoing collection of information related to sales of business property, as outlined by the Paperwork Reduction Act of 1995. This involves the use of Form 4797 to report sales, exchanges, or involuntary conversions of business assets. The IRS seeks comments on various aspects of this information gathering, including its necessity, accuracy, and ways to improve efficiency and reduce respondent burden. Comments should be submitted by March 16, 2021, to ensure consideration.

The Internal Revenue Service (IRS), part of the Treasury Department, announced an open meeting for the Taxpayer Advocacy Panel's Taxpayer Communications Project Committee. This meeting is set for February 9, 2021, and aims to gather public feedback on how to improve customer service at the IRS. The public is invited to participate by providing oral comments or written statements. More information about the meeting, including how to participate, can be found by contacting Conchata Holloway or visiting the provided IRS improvement website.

The United States Mint, part of the Treasury Department, has announced the price for the Armed Forces 2.5 oz. Silver Medals, which will be $160.00. This announcement is documented as a notice in the Federal Register and provides the contact information for Ann Bailey, from the Mint’s Sales and Marketing team, for any further inquiries. The pricing is authorized under 31 U.S.C. 5111(a)(2).

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has released a notice listing individuals, companies, and vessels that have been added to the OFAC's Specially Designated Nationals and Blocked Persons List (SDN List). This designation is based on various legal criteria, primarily relating to activities in the Russian Federation's energy and financial services sectors. The properties and interests of these entities, under the U.S. jurisdiction, are blocked, and American citizens and companies are generally restricted from conducting transactions with them. The notice includes detailed information, including dates, contact details, and online resources for further information on these sanctions.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced a new action against certain individuals, adding them to the Specially Designated Nationals and Blocked Persons List. This action, effective from January 15, 2025, blocks all property and interests in property these individuals have within U.S. jurisdiction. Additionally, Americans are generally prohibited from conducting transactions with the listed individuals. More information and the updated list can be accessed on OFAC's website.

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.