Tag: tax
IRS Unveils U.S. Tax Form Your Broker May Send Next Year to Report Your Crypto Moves
"Brokers must report proceeds from (and in some cases, basis for) digital asset dispositions to you and the IRS on Form 1099-DA," according to the ins [...]
Biden Bashes Trump in Pennsylvania as He Lays Out His Tax Plan
Speaking in Scranton, Pa., his hometown, the president used a speech about economic fairness as a new avenue of attack against his Republican rival, w [...]
State tax officials use AI to go after wealthy payers
Photo Of Robot Examining Invoice With Magnifying Glass.Andreypopov | Istock | Getty ImagesEven as the IRS makes headlines for cracking down on the wea [...]
How Investors Should Handle Celsius in Their Tax Returns This Year
The tax implications of Celsius, which finalized its bankruptcy in January, are complex. Creditors are categorized into specific groups, each with dif [...]
Rachel Reeves: Closing tax gap is ‘not rocket science’
Shadow chancellor Rachel Reeves has said Labour's plans to tackle tax dodgers are "not rocket science". The party says giving more money to tax offici [...]
Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says
The crypto market faces the U.S. tax season liquidity test around the time Bitcoin's blockchain implements the fourth mining-reward halving on April 2 [...]
Labour vows to fund pledges by tackling tax dodgers
The party says its plans would raise £5.1bn a year but the government warns that more taxes will result.
www.bbc.co.uk [...]
Ethiopia to Allow Some Tax, Forex Rule Changes to Lure Startups
Ethiopia has given the green light for a wide array of policy adjustments to attract startups in the latest reforms aimed at opening up the once-socia [...]
Nigeria Court Adjourns Binance and Execs’ Tax Evasion Cases: Reports
The matter was adjourned due to the Federal Inland Revenue Service (FIRS) not being able to serve Binance's Head of Financial Crime Compliance Tigran [...]
The Tax Implications of Sudden Crypto Wealth
Meme coin seasons are known for frenzied market activity, driven by the meteoric rise of viral crypto projects that transform modest investments into [...]
Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall
President Biden has called for $5 trillion in new taxes on corporations and high earners. But his record so far is as a net tax cutter.
www.nytimes.c [...]
Nigeria Charges Binance With Tax Evasion: Reports
The charges were announced by the Federal Inland Revenue Service (FIRS) and filed at the Federal High Court in Abuja with case number FHC/ABJ/CR/115/2 [...]
I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.
www.nytimes.com [...]
Rayner says questions over her tax are a 'smear'
Labour's deputy leader tells BBC Newsnight she has been assured by tax experts she owes no money.
www.bbc.co.uk [...]
Bipartisan Tax Bill Is Stuck in Senate Limbo After Broad House Approval
The measure would expand the child tax credit and restore three popular business tax breaks. But Senate Republicans have rejected the existing package [...]