22 stories tagged #IRS

  1. Navigating Penalty-Free Early Retirement Withdrawals: Rule of 55 and 72(t) Explained
    finance

    Navigating Penalty-Free Early Retirement Withdrawals: Rule of 55 and 72(t) Explained

    Financial experts outline strict IRS provisions for accessing retirement funds before age 59½ without penalties, emphasizing the flexibility of the Rule of 55 over complex 72(t) payment schedules.

    3d ago 1 min read
  2. IRS Settlement Blocks Tax Audits Targeting Trump and Family
    world

    IRS Settlement Blocks Tax Audits Targeting Trump and Family

    The US Department of Justice released a filing that permanently bars the IRS from auditing President Trump, his family, and related entities.

    last mo. 1 min read
  3. IRS ERC Refund Deadline Looms for Businesses
    finance

    IRS ERC Refund Deadline Looms for Businesses

    Businesses face a strict two-year deadline to claim COVID-era ERC refunds. The IRS offers a streamlined extension process for a narrow group of taxpayers.

    last mo. 2 min read
  4. Deadline Looms for Millions Eligible for COVID-Era IRS Refunds
    finance

    Deadline Looms for Millions Eligible for COVID-Era IRS Refunds

    Millions of taxpayers may be owed refunds from penalties charged during the pandemic; deadline to file a claim is July 10, 2026.

    last mo. 1 min read
  5. AI Agent Legally Forms Company, Prepares for Crypto Trading
    tech

    AI Agent Legally Forms Company, Prepares for Crypto Trading

    The AI agent Manfred autonomously established a US corporation with IRS and banking credentials, signaling a new era of autonomous commerce.

    last mo. 1 min read
  6. Kraken Reports Millions of Micro-Crypto Tax Filings, Cites Reporting Burden
    crypto

    Kraken Reports Millions of Micro-Crypto Tax Filings, Cites Reporting Burden

    Crypto exchange Kraken filed 56 million tax forms for 2025, with most transactions under $1, highlighting the significant reporting challenges and costs for small crypto transactions.

    2mo ago 1 min read
  7. Tax Day Uncertainty: Prediction Market Winnings Lack Clear Filing Guidance
    finance

    Tax Day Uncertainty: Prediction Market Winnings Lack Clear Filing Guidance

    US traders face tax season confusion over reporting earnings from prediction markets, with no clear IRS guidelines yet established, similar to early cryptocurrency tax challenges.

    2mo ago 1 min read
  8. Crypto Tax Confusion Persists as IRS Tightens Reporting Rules
    finance

    Crypto Tax Confusion Persists as IRS Tightens Reporting Rules

    Survey reveals widespread misunderstanding of crypto tax obligations amid new IRS regulations.

    3mo ago 2 min read