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ALAN RAPPEPORT
Posts
I.M.F. Sees World Economy Rebounding, Yet Still Fragile, in 2023
Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
I.R.S. Backlogs Continue as Republicans Mount Offensive
The National Taxpayer Advocate expressed hope that better days were ahead for the tax collection agency.
I.R.S. Delays Tax Change for Users of Venmo, Cash App and Other Digital Wallets
Users who receive income through digital payments will have another year before having to comply with a new tax rule that had sowed confusion and…
Trump’s Tax Audit Shows Depths of IRS Funding Woes
The agency lacks the resources to go after rich taxpayers. For years, a single revenue agent was responsible for the audits of Donald J. Trump.
How New IRS Rules Could Affect Venmo, Zelle and CashApp Users
Users of digital wallets and e-commerce platforms must start reporting small transactions, sowing fears among small-business owners.
Release of Trump Tax Returns Could Herald New Era for Taxpayer Privacy
Revealing private documents risks a tit for tat with Republicans set to retake control of the House of Representatives.
Defaults Loom as Poor Countries Face an Economic Storm
Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.
Yellen Encourages Vaccinations in China as Covid Restrictions Slow Growth
With China’s strict pandemic policies stalling the economy at home and globally, Treasury Secretary Janet Yellen said American mRNA vaccines are at the ready.
Yellen Calls for ‘Stabilizing’ U.S. Relations With China Ahead of G20
The Treasury secretary said in an interview that the United States was not trying to “paralyze China’s economy and stop its development.”