Internal Revenue Service

FTX Creditors Lose $44B Battle To IRS In Bankruptcy Case

The Internal Revenue Service (IRS) has made a claim of $44 billion in taxes relating to FTX, Alameda Research, and…

1 year ago

IRS To Invest $80 Billion In Workforce And Technology To Improve Tax Enforcement

The IRS plans to hire almost 30k employees & launch new tech in the next 2 years with an $80B…

2 years ago

IRS Delays $600 Tax Threshold For Third-party Payment Platforms

The Internal Revenue Service (IRS) says that further clarification is required before launching the implementation of its new $600 reporting…

2 years ago

US Legislators Delays Crypto Tax Rules For Crypto Brokers

Key Points: The United States Treasury Department has decided to postpone further notice of a significant set of crypto tax…

2 years ago

IRS Expanding Employment, Building “Hundreds” Of Crypto Cases

IRS-According to Bloomberg Tax story quoting division chief Jim Lee, the Internal Revenue Service is working on "hundreds" of soon-to-be-public…

2 years ago

US IRS May Send Summonses To Bank That Serves Customers Of The Crypto Broker SFOX In An Effort To Find Tax Evaders

A New York judge ruled on Thursday that the Internal Revenue Service (IRS) can issue a "John Doe" summons to…

2 years ago

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