Crypto Rewards Face Immediate Taxation Despite Freezes, IRS Clarifies
by The U.S. Internal Revenue Service (IRS) has clarified that cryptocurrency rewards credited to taxpayers’ accounts are taxable in the year they are received, regardless of …
Tag: IRS
IRS whistleblowers sue Hunter Biden’s attorney for $20M in defamation case: ‘clear malice’
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IRS Releases Updated Crypto Tax Form for Stakeholder Feedback
The U.S. Internal Revenue Service (IRS) has unveiled a revised draft of the 1099-DA tax form, designed for reporting proceeds from cryptocurrency transactions. This update …
Michael Jackson’s Kids Not Receiving Trust Money Amid IRS Dispute – Hollywood Life
Image Credit: Getty Images Michael Jackson’s family is struggling with financial difficulties as a result of an ongoing dispute between the IRS and his estate, …
Houston IRS office forced to close early after fight breaks out: ‘I ain’t doing no playing’
An IRS office in Houston was forced to close early over the weekend – just two days before the Tax Day deadline – after a …