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 ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
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 ...
Lawyers for former House Speaker Michael Madigan want the jury in his corruption trial to see evidence that then-Alderman ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
The IRS isn’t exactly known for its use of cutting-edge technology. The federal agency still accepts paper tax returns and ...