IRS

The Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States.

Source: irs.gov

IRS: Bank Reporting Data Key To Addressing Tax Evasion

IRS: Bank Reporting Data Key To Addressing Tax Evasion
IRS: Bank Reporting Data Key To Addressing Tax Evasion
September 02, 2021  |  Taxes

In a letter to Sen. Elizabeth Warren (D-Mass.) IRS Commissioner Charles Rettig said requiring banks to provide insight into customers’ transaction history could help the...

READ MORE >
Intuit Leaving IRS Free File Program After 20 Years
Intuit Leaving IRS Free File Program After 20 Years
July 16, 2021  |  Taxes

Intuit is leaving the IRS Free File program after 20 years because of “limitations of the Free File program and conflicting demands for those outside the...

READ MORE >
Hike In ID Fraud Causes Delays In US Tax Refunds, Stimulus Checks
Hike In ID Fraud Causes Delays In US Tax Refunds, Stimulus Checks
June 13, 2021  |  Taxes

Identity thieves are inflicting pain not only on victims, but on taxpayers whose refunds have been delayed by IRS security protocols the criminals have made...

READ MORE >
Bitcoin Daily: Amazon Looking For Staff With DeFi Experience; IRS Seeks Congressional OK To Regulate Cryptos
Bitcoin Daily: Amazon Looking For Staff With DeFi Experience; IRS Seeks Congressional OK To Regulate...
June 08, 2021  |  Bitcoin

Amazon is on the hunt for those with expertise in decentralized finance (DeFi), CoinDesk reported. Get the Full Story Complete the form to unlock this...

READ MORE >
60,000 Stimulus Checks Sent To The Dead Returned Voluntarily
60,000 Stimulus Checks Sent To The Dead Returned Voluntarily
May 27, 2021  |  Coronavirus

Nearly 60,000 stimulus payments made to dead people have been returned so far, according to a new report from the Treasury Inspector General. Get the Full...

READ MORE >
IRS Tightens Oversight Of Crypto Trades And Taxes
IRS Tightens Oversight Of Crypto Trades And Taxes
May 20, 2021  |  Regulation

Whether crypto swoons or crypto booms, the Internal Revenue Service is going to keep better track of the ups, downs, gains and losses at least...

READ MORE >
Bitcoin Daily: DOJ, IRS Investigate Binance Crypto Exchange; Crypto Theft Falls, DeFi Fraud Spikes
Bitcoin Daily: DOJ, IRS Investigate Binance Crypto Exchange; Crypto Theft Falls, DeFi Fraud Spikes
May 13, 2021  |  Bitcoin

Cryptocurrency exchange Binance Holdings is now under investigation by the Department of Justice (DOJ) and the IRS as they try to make some order out...

READ MORE >
Bitcoin Daily: Brex Customers Can Redeem Rewards For Crypto; IRS Can Seize Crypto Holdings To Cover Unpaid Taxes
Bitcoin Daily: Brex Customers Can Redeem Rewards For Crypto; IRS Can Seize Crypto Holdings To...
May 12, 2021  |  Bitcoin

Brex, which provides financial services to businesses, now lets its customers redeem their Brex reward points for Bitcoin and Ethereum, according to a press release....

READ MORE >
IRS Seeks Ways To Access Digital Currency Wallets Under Criminal Investigation
IRS Seeks Ways To Access Digital Currency Wallets Under Criminal Investigation
April 30, 2021  |  Taxes

U.S. tax authorities want assistance with accessing digital currency hardware wallets, Vice reported Thursday (April 29), citing a document published on the agency website in...

READ MORE >