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IRS finalizes rules for claiming carbon capture tax credits

The Internal Revenue Service and the Treasury Department released final regulations Wednesday on how businesses can claim a tax credit for use of carbon capture equipment to help the environment.

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IFAC endorses international sustainability standard-setting board

The International Federation of Accountants reiterated its call this week for an international sustainability standards board under the purview of the International Financial Reporting Standards Foundation.

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Biden plans to nominate Janet Yellen for Treasury

The former Fed chair would be the first woman to head the Treasury, bringing a seasoned central banker to the nation’s top economic policy job as the coronavirus pandemic threatens another U.S. downturn.

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