IRS

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 Requires Taxpayers To Report Crypto Income For 2022

Key Points: IRS released a list of reporting requirements for the general public dealing with cryptocurrencies. Three tax forms, the…

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

2022 IRS Tax Forms More Clearly Define Digital Assets

In their 2022 IRS tax returns, American taxpayers will see a bigger, more defined category covering cryptocurrencies and nonfungible tokens…

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

How Do You Become A Blockchain Lawyer?

Blockchain Lawyer - There have only been a few years of blockchain technology. However, technology is now used for everything,…

2 years ago

Warren Charges TurboTax With ‘Scamming Taxpayers’ Due To Software

Senator Elizabeth Warren has written to Intuit, the company behind TurboTax, accusing them of selling programs that "scam American taxpayers…

3 years ago

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