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The requirement, buried in the $1 trillion infrastructure law passed last year, mirrors one for brokerages and has flown under the radar.
July 5 -
Two U.S. states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else.
July 5 -
The Criminal Investigation division worked with tax authorities abroad on an operation that led to the shutdown of Euro Pacific International Bank by officials in Puerto Rico.
July 1 -
The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.
July 1 -
Pawn king; tell us where it hurts; check’s not in the mail; and other highlights of recent tax cases.
June 30 -
The Treasury and the IRS are likely to push off a January date for firms to begin tracking data such as customers’ capital gains and losses.
June 30 -
Senate Democrats are working on shrinking the tax increases in the president's economic package as part of a bid to get it passed in the coming weeks.
June 30 -
The committee's annual report praised the service's improvements on the e-file process, but said it will need more support from Congress to truly achieve excellence.
June 29 -
The Internal Revenue Service is planning to mandate a new electronic fingerprinting process for e-file applications for tax pros starting Sept. 25.
June 29 -
A senior member of the House Ways and Means Committee has introduced legislation to double the size of the research and development tax credit and enable more small-business startups to claim it.
June 29