Browsing: IRS

The Internal Revenue Service (IRS) did not include decentralized exchanges or self-custodial wallets under its crypto broker reporting requirements. The…

The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28.…

WASHINGTON (Reuters) – The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited…

The U.S. Department of the Treasury and the IRS on Monday unveiled a plan to “close a major tax loophole”…

The Internal Revenue Service announced Monday its latest move to crack down on wealthy tax cheats – an ongoing effort…

The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of…

The Internal Revenue Service said Thursday that it will continue and expand its free tax filing program in 2025. A…

Former President Donald Trump could owe more than $100 million in taxes as a result of a yearslong Internal Revenue…

Trump could face a $100 million tax bill after the IRS said he tried to write off the same losses…

August 2023: proposed regulations On Aug. 25, 2023, the US Treasury and the IRS released proposed regulations that would require…