taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Source: en.wikipedia.org

IRS Tightens Oversight Of Crypto Trades And Taxes
IRS Tightens Oversight Of Crypto Trades And Taxes
May 20, 2021  |  Regulation

Whether crypto swoons or crypto booms, the Internal Revenue Service is going to keep better track of the ups, downs, gains and losses at least...

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Treasury Looks Into Regulating Crypto To Fight Tax Evasion Schemes
Treasury Looks Into Regulating Crypto To Fight Tax Evasion Schemes
May 20, 2021  |  Cryptocurrency

A new report from the U.S. Treasury says the current cryptocurrency climate could cause tax evasion without further regulation. The report, which describes President Joe Biden’s...

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Bitcoin Daily: Brex Customers Can Redeem Rewards For Crypto; IRS Can Seize Crypto Holdings To Cover Unpaid Taxes
Bitcoin Daily: Brex Customers Can Redeem Rewards For Crypto; IRS Can Seize Crypto Holdings To...
May 12, 2021  |  Bitcoin

Brex, which provides financial services to businesses, now lets its customers redeem their Brex reward points for Bitcoin and Ethereum, according to a press release....

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Big Tech Compliance Tracker: Europe Provides ‘Statement Of Objections’ To Apple Over App Store Rules; US States Seek Spring 2022 Trial Date In Google Case
Big Tech Compliance Tracker: Europe Provides ‘Statement Of Objections’ To Apple Over App Store Rules;...
May 10, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. European Commission Provides Apple With ‘Statement Of Objections’ Over App...

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IRS Seeks Ways To Access Digital Currency Wallets Under Criminal Investigation
IRS Seeks Ways To Access Digital Currency Wallets Under Criminal Investigation
April 30, 2021  |  Taxes

U.S. tax authorities want assistance with accessing digital currency hardware wallets, Vice reported Thursday (April 29), citing a document published on the agency website in...

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Stripe To Acquire TaxJar To Streamline eCommerce Sales Tax Compliance
Stripe To Acquire TaxJar To Streamline eCommerce Sales Tax Compliance
April 27, 2021  |  Acquiring

The FinTech Stripe is acquiring business sales tax platform TaxJar for an undisclosed amount. The acquisition is part of an upcoming suite of tax tools...

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Cryptos Fall Over Fears Of US Tax Hikes
Cryptos Fall Over Fears Of US Tax Hikes
April 25, 2021  |  Cryptocurrency

Major cryptocurrencies including bitcoin and Ethereum’s coin have lost significant value compared to the U.S. dollar since the administration of U.S. President Joe Biden indicated...

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Avalara Buys DAVO To Boost Sales Tax Automation Services
Avalara Buys DAVO To Boost Sales Tax Automation Services
April 21, 2021  |  Partnerships / Acquisitions

Avalara, which works on tax compliance automation for businesses, has acquired the operational assets of DAVO Technologies, which helps businesses automate the requirements for sales...

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Intuit, Practice Ignition Partner To Improve Tax Pro Productivity
Intuit, Practice Ignition Partner To Improve Tax Pro Productivity
April 05, 2021  |  B2B Payments

Professional tax product maker Intuit has forged a partnership with Practice Ignition to help tax professionals improve productivity, the two companies announced Monday (April 5)....

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