Understanding how the Inflation Reduction Act (IRA) will affect the Internal Revenue Service’s operations requires wading through a swamp of misinformation, disinformation, and no information...
With the near-certain enactment of the Inflation Reduction Act, the Internal Revenue Service is on track for an $80 billion boost to its ten-year budget...
When it comes to tax enforcement, I used to believe the Internal Revenue Service could never have too much information. But the agency already collects...
IRS Commissioner Charles Rettig raised some eyebrows when he singled out the growing popularity of cryptocurrency as a big factor behind the sizeable tax gap—the...
The congressional debate over new tax compliance measures for cryptocurrency investors has primarily focused on two issues—the potential to raise new revenue and what parts...
Even close followers of tax news may have been caught off guard when compliance for cryptocurrencies became the hot topic in the Senate’s debate over...
In his American Families Plan, President Biden unveiled a tax compliance initiative aimed at closing the gap between taxes that are owed and what are...
