IRS Signals a Coming Crackdown on Gig Workers
Beginning this tax year, gig working platforms have to report information about more workers to the IRS as the agency cracks ...
Republicans strip IRS of another $20b in government shutdown fight
Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...
Congress stripped IRS of another $20 billion in government shutdown fight
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...
Attention DOGE: Here’s how the federal government spends Americans’ tax dollars
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy ...
Yellen Warns ‘Extraordinary Measures’ Will Be Needed to Avoid Default
The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.
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 ...
IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
Uniswap’s chief legal officer argues that the IRS new DeFi broker rules “absolutely should be challenged.” Meanwhile, a ...
JD Supra1d
IRS Issues Second Littlejohn Victim Notices but Questions Remain
The Internal Revenue Service (IRS) issued notification letters earlier this year to victims of a former IRS contractor, Charles Littlejohn, ...