Fox News senior congressional correspondent Chad Pergram reports on the announcement from the IRS on ‘Fox Report.’ ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
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 Recovery Rebate Credit was available to taxpayers who missed one of the three COVID stimulus payments or who did not ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...
A U.S. District Court in California has allowed the IRS to serve a John Doe summons on JustAnswer LLC to determine if the ...
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...