21 stories tagged #IRS

  1. Coinbase Criticizes New IRS Crypto Tax Rules as Overly Complex
    finance

    Coinbase Criticizes New IRS Crypto Tax Rules as Overly Complex

    Coinbase argues that new U.S. tax reporting requirements for cryptocurrency transactions are cluttered and confusing, creating unnecessary burdens for many holders.

    3mo ago 2 min read
  2. IRS Mandates Electronic Tax Forms for Crypto Users
    crypto

    IRS Mandates Electronic Tax Forms for Crypto Users

    The IRS is proposing new rules to require electronic delivery of crypto tax forms, impacting millions of digital asset holders and potentially altering client relationships.

    3mo ago 1 min read
  3. IRS Data Reveals Significant Jump in Average Tax Refunds
    finance

    IRS Data Reveals Significant Jump in Average Tax Refunds

    US taxpayers are receiving larger tax refunds this year, with average payouts up double digits, offering a financial boost amid economic pressures.

    3mo ago 1 min read
  4. New Car Loan Tax Break Could Save You Thousands
    finance

    New Car Loan Tax Break Could Save You Thousands

    Discover if you qualify for a significant tax deduction on new car loan interest, potentially saving you thousands. Learn the key requirements.

    3mo ago 1 min read
  5. Inherited IRA Rules Shift: New Tax Pitfalls Emerge for Heirs
    finance

    Inherited IRA Rules Shift: New Tax Pitfalls Emerge for Heirs

    New IRS regulations for inherited IRAs, effective 2025, impose a 10-year withdrawal deadline and potential 25% penalties for missed distributions.

    3mo ago 1 min read