Crypto industry groups sue IRS over broker reporting rule
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
Blockchain Advocates File Suit Challenging IRS DeFi Regulations
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
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Madigan’s lawyers want to call witnesses to show ex-Ald. Daniel Solis cheated IRS during his cooperation
Before beginning a jury instruction conference Monday, Madigan’s lawyers revealed that they want to call Solis’ longtime ...
A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming ...
IRS Targets Front-End Services In DeFi Reporting Final Regulations
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
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IRS Employees Were Caught Using ChatGPT — and It’s a Problem, Watchdog Says
The IRS isn’t exactly known for its use of cutting-edge technology. The federal agency still accepts paper tax returns and ...
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DeFi has 3 options if IRS rules remain – Alex Thorn
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
Congress stripped IRS of another $20 billion in government shutdown fight
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.