Source: irs.gov
Each year, the U.S. Department of Treasury issues its General Explanations of the Administration’s Revenue Proposals, commonly known as the “Green Book.” This year, the...
ACI Worldwide, a real-time payments software company, is offering PayPal and Venmo payments to federal taxpayers, according to a Tuesday (March 8) press release. Get...
The IRS won’t be going ahead with the use of a private facial recognition system to authenticate taxpayers’ identities for online accounts, responding to criticism...
Starting this summer, the IRS is requiring users of its online tools to verify their identity by registering with its biometrics partner ID.me, which requires...
The IRS confiscated $1.2 billion in cryptocurrencies in 2021, which was an eightfold increase from the 2020 amount of $137 million, CVBJ.biz reported. Get the...
The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year....
For consumers who use services like PayPal, Venmo or Square to conduct business, next year’s tax season could be a lot more complicated. Get the...
Treasury Secretary Janet Yellen and IRS commissioner Charles Rettig have been pressuring lawmakers to give the IRS more information on taxpayers’ bank accounts. Get the...
The Congressional Budget Office (CBO) says it has concluded its analysis of a proposal by the White House to increase spending on IRS enforcement activity...