To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
Some IRS offices routinely threw away sensitive material with regular trash, while others used unlocked or damaged storage ...
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
The United States Internal Revenue Service (IRS) has issued a temporary relief for a rule that would have defaulted crypto ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
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 ...
As we wind down 2024, the IRS has important updates for the new year. One means some people could receive unexpected checks ...
Republicans have long targeted the tax agency, and their cuts will hurt its efforts to go after rich tax evaders and improve the IRS’s functionality. It’s their second successful cut from President ...