Some Republicans are opposing Trump on tariffs. Maine’s Susan Collins just got him to back down on Canadian levies.

The US Internal Revenue Service (IRS) is preparing to overhaul its voluntary disclosure program, with plans to reduce penalties and accelerate the resolution of tax violations, including those involving cryptocurrencies, according to a Friday report by Forbes. IRS Criminal Investigation Chief Jarod Koopman said the agency aims to introduce the revised program before December, with a target of resolving cases within 120 days of taxpayers completing the required submission process. The overhaul would reportedly not establish a separate disclosure process for digital assets. Koopman told attendees at the UCLA Extension Tax Controversy Conference that the IRS would handle digital assets through the same voluntary disclosure procedures used for other forms of tax noncompliance. The IRS official also indicated that penalties under the revised program would be substantially lower than those currently imposed, although he did not provide specific figures. The agency is considering allowing taxpayers to settle outstanding liabilities through installment plans or offers in compromise.

The new documentary "You Can See Everything" about Elizabeth Holmes prompted some questions about power of attorney privileges.

A once-in-a-generation investment boom has created lots of winners — but many Americans are feeling left out.

Tensions between the U.S. and Iran rattled markets and lifted oil prices ahead of next week's Fed meeting.

“I’m 32 years old and feel like I should know how to do this stuff by now.”

Open this photo in gallery:Workers remove graffiti from the pedestal of the equestrian statue of Louis XIV at the Place Bellecour in Lyon, ahead of nationwide protests against the cost of living and rising fuel prices in France, Oct. 23. Lisi Niesner/ReutersJohn Rapley is a contributing columnist for The Globe and Mail. He is an author and academic whose books include Why Empires Fall and Twilight of the Money Gods. What happens in France won’t stay in France. The country, mired in riots and a worsening economic crisis, is but the weak link in a global chain. Although Canada may be spared the worst if a bondfire breaks out, it won’t avoid getting singed by the spreading flames. At one time during my academic career, I had an annual teaching gig in the south of France. Spring in Provence has its virtues, not least since as a visiting professor I had no administrative or supervisory duties. After a morning seminar, I’d enjoy wine-fuelled “working” lunches in bistros off cobblestoned lanes, then spend the afternoon idling with my notebook in a cafe, nursing pastis. Someone had to do it. And I could see why the French would never want to give up this way of life.