IRS

The Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States.

Source: irs.gov

IRS Questioned Over Corporate Auditing Lag

IRS Questioned Over Corporate Auditing Lag
IRS Questioned Over Corporate Auditing Lag
October 25, 2019  |  B2B Payments

The U.S. Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. Get the Full Story Complete the...

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Bitcoin’s Murky Trail Across Dark Web Gets Some Light
Bitcoin’s Murky Trail Across Dark Web Gets Some Light
October 18, 2019  |  Cryptocurrency

Proponents of cryptos tout anonymity, the fact that digital coin transactions are hard to trace, and that blockchain allows for transactions to occur pretty much...

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Bitcoin Daily: China Construction Bank Grows Blockchain Platform; IRS Tax Forms Now Ask About Crypto
Bitcoin Daily: China Construction Bank Grows Blockchain Platform; IRS Tax Forms Now Ask About Crypto
October 14, 2019  |  Bitcoin

China Construction Bank’s vice president has revealed that the bank has added new abilities to its trade finance blockchain platform, including cross-chain and inter-bank transactions....

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors
Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors
October 10, 2019  |  Bitcoin

A new phishing sextortion campaign is now asking for ransom demands of alternative coins. Get the Full Story Complete the form to unlock this article...

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Square Launches SMB Tax ID Tool
Square Launches SMB Tax ID Tool
September 16, 2019  |  SMBs

Square has announced a new, free tool to help businesses file for an Employer Identification Number (EIN) called the EIN Assistant, according to a release....

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Intel Unit Case Could Cost Big Tech $2B In Taxes
Intel Unit Case Could Cost Big Tech $2B In Taxes
September 03, 2019  |  Legal

A tax dispute between Intel and the Internal Revenue Service could cost large technology companies billions of dollars, according to a report by The Wall...

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IRS Finds Discrepancies In Crypto Holders’ Tax Returns
IRS Finds Discrepancies In Crypto Holders’ Tax Returns
August 16, 2019  |  Bitcoin

The Internal Revenue Service has issued another warning to cryptocurrency investors with federal returns that don’t match the information received from virtual currency exchanges. Get...

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IRS Cracking Down On Crypto-Holding Taxpayers
IRS Cracking Down On Crypto-Holding Taxpayers
July 26, 2019  |  Regulation

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they...

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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud
Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For...
July 14, 2019  |  Cryptocurrency

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design...

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