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 ...
In a surprising move, the IRS has announced the distribution of pending $1,400 stimulus checks to one million eligible ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
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 ...
The United States Internal Revenue Service (IRS) has issued a temporary relief for a rule that would have defaulted crypto ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...