To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
Some IRS offices routinely threw away sensitive material with regular trash, while others used unlocked or damaged storage ...
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming ...
The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
As we wind down 2024, the IRS has important updates for the new year. One means some people could receive unexpected checks ...