The Inflation Reduction Act gives the IRS an additional $80 billion per year to increase services and collections.
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IRS representatives met with tax authorities from the U.K., Australia, Canada, and the Netherlands. Together, they identified “dozens” of potential
The Internal Revenue Service released a new Form 1040 draft — and Schedule 1 (Additional Income and Adjustments to Income)
Will US lawmakers bungle the burgeoning blockchain industry by amending a 50-year-old law so it covers cryptocurrency transactions? Rumblings around
Amazon crushed the IRS in court. The online retailer and the tax agency clashed over transactions with Amazon’s Luxembourg subsidiary
LIBRA, Facebook’s proposed cryptocurrency, has Capitol Hill buzzing. Politicians from both sides of the aisle have voiced concerns. The President