Browsing Tag
IRS
30 posts
Elon Musk’s DOGE Downsizes IRS, 31% of Auditors Have Quit
Elon Musk’s Department of Government Efficiency (DOGE) recently put the hammer down on the IRS, significantly downsizing the…
Trump Poised to Repeal IRS DeFi Tax Rule After Senate’s 70-28 Vote
Trump’s IRS DeFi tax repeal has gained quite a bit of momentum after the Senate recently voted 70-28…
US Senate to Vote on Repealing IRS Rule Threatening Crypto
As the nation continues its embrace of the asset class, the US Senate is poised to vote this…
MrBeast’s $10M ‘Beast Games’ Winner to Only Receive $5 Million After Tax
Jeffrey “Jeff” Randall Allen, also known as ‘Player 831’ beat out 999 other contestants to win MrBeast’s first…
IRS To Lay Off Thousands Starting Next Week
The Internal Revenue Service (IRS) will reportedly begin thousands of layoffs of probationary employees as soon as next…
IRS Commissioner Danny Werfel Resigns
IRS Commissioner Danny Werfel says he plans to resign with nearly three years left in his term on…
IRS Shocker: Taxes Are “Voluntary” and Crypto Rules Delayed to 2026
The IRS crypto tax delay announcements have shaken the cryptocurrency world. The agency now pushes back digital asset…
IRS Delays Crypto Tax Reporting Requirements Until 2026
An extremely important development for Americans, the Internal Revenue Service (IRS) has delayed crypto tax reporting requirements until…
IRS Declares Crypto Staking Rewards Taxable Upon Receipt
The IRS has made its crypto taxation rules simple: pay taxes on staking rewards when you get them.…
IRS Says Crypto Staking is Taxable
Following an ongoing lawsuit over the matter, the Internal Revenue Service (IRS) has officially said that crypto staking…