Browsing: IRS

The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting…

Following over 44,000 comments to the IRS on the proposed rules around 1099 reporting for crypto exchanges that have now…

Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C.,…

Recep-bg | E+ | Getty ImagesThe U.S. Department of the Treasury and IRS on Friday released final tax reporting rules…

The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28.Crypto…

Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C.,…

Key Points: Consensys raises concerns over IRS crypto regulations and Form 1099-DA because high compliance costs and inadequate consideration for…

Danny Werfel, IRS commissioner, speaks after being ceremonially sworn in at the IRS headquarters in Washington on April 4, 2023.Ting…

Halfpoint Images | Moment | Getty ImagesThe federal government has issued more than $1 billion in tax credits as an…

IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024.Kevin Dietsch | Getty…