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The service is gearing up for a potentially massive tax-enforcement push if Congress passes a plan including $40 billion to expand audits on the wealthy.
June 28 -
The Internal Revenue Service is focusing on cryptocurrency tax evasion with virtual currencies like Bitcoin and nonfungible tokens, employing data analytics to uncover transactions that crypto users assumed were hidden.
June 25 -
A combination of high valuations on companies and potentially higher levies in the future is proving to be a potent motivator for families to sell long-held businesses.
June 22 -
The disclosure of the personal income and tax data of some of the wealthiest Americans has been referred to additional federal investigators.
June 10 -
Group of Seven leaders are expected to endorse a plan to plug holes in the world’s leaky tax system when they meet this weekend.
June 10 -
With the burden on participants to figure it all out, it's no surprise that more often than not, they just give up, Alexis Leondis writes.
June 10 -
Some lawmakers have slammed legislatures for kicking their own residents while they’re down.
June 8 -
Some world’s wealthiest individuals paid little to no federal income taxes, IRS records show.
June 8 -
Individuals have already started receiving requests for information, according to tax attorneys.
June 3 -
Cryptocurrency exchanges, many of which aren't based in the U.S., don't require any registration or account information, writes Alexis Leondis.
June 1