IRS Delays 1099-K: What PayPal, Venmo and Cash App Users Need to Know for Tax Season
The IRS's 1099-Okay reporting change implementation has had a rocky launch, leaving freelancers with a number of questions. This story ...
Tag: IRS
IRS adds cryptocurrency income tax question to four more tax forms
The IRS on Jan. 22 reminded all taxpayers to reply a query about digital property and report all digital asset-related ...
Get Started on Tax Season 2024 by Creating an Online IRS Account
Oh, how "Completely satisfied New 12 months!" turns into "Do your taxes early!" so rapidly. The beginning of revenue tax ...
IRS says controversial $10k reporting rule doesn’t currently apply to crypto
Two U.S. companies introduced on Jan. 16 that controversial transaction reporting guidelines don't apply to digital property (ie. cryptocurrency).The Inside ...
Coin Center on the Proposed IRS Broker Rules
The so-called dealer rule, laid out by the IRS in a tax reporting proposal has been at occasions known as ...
U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation
A bunch of seven U.S. Senators, together with distinguished figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury ...
Microsoft owes $29 billion in back taxes plus penalties to IRS
Microsoft The IRS despatched a shock invoice to Microsoft, hitting the corporate with a $28.9 billion invoice for again taxes ...
US Treasury and IRS Propose New Regulations on Digital Asset Reporting
The US Division of the Treasury and the Inner Income Service (IRS) have collectively issued proposed laws aimed toward enhancing ...
US Court Backs IRS in Part Against Kraken Over Tax Rules
The US District Court docket, Northern District of California, has partially upheld a summons issued by the Inside Income Service ...
Kraken ordered by court to disclose user data to IRS for tax compliance
The USA District Courtroom for the Northern District of California has ordered crypto change Kraken to show over account and ...
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