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The Latest Breaking News from IRS

Bipartisan crypto bill outlines regulatory, tax framework - Roll Call

New legislation would treat cryptocurrency as a commodity and give the Commodity Futures Trading Commission regulatory authority.

Roll Call

4 Crypto Tax Myths You Need to Know

Interest in cryptocurrency has grown rapidly in recent years, bringing with it tax implications people should know.

The Street

Dark money fueled Jan. 6 — but whose?

Shadowy "war games" for what happened on Jan. 6 began months earlier — but we still don't know who paid for them

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Henry Payne: Ford Expedition Timberline, off-road ocean-liner

HOLLY OAKS, Michigan — The skies dark overhead, I splashed through a muddy gulch in Michigan’s most challenging, Holly Oaks Off-Road-Vehicle park. ROARRRR! I charged up a muddy 20-degree incline, the 440-horsepower twin-turbo V-6 engine spinning all four wheels. GRONCH! The front bash plate cushioned the front bumper’s blow over…

Tribune News Service

How To Do Your Back Income Taxes

Many taxpayers neglect to file their yearly returns. Your obligation to file never goes away, but catching up may be easier than you think.

The Street

One Year Later, No One Has Been Punished for the IRS Leak of Billionaires' Tax Data

The IRS isn’t just a powerful federal agency, it’s a weapon against the public.

Reason

Tele-fraud: Ten Common But Dangerous Phone Scams You Should Know And Avoid

Unwanted phone calls are not only a nuisance, they are also dangerous, but can be avoided.

Zenger

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Deductions Allowed for Contributions to a Traditional IRA

Contributions you make to a traditional IRA may be tax-deductible. Find out the income and deduction limits and how to report on your taxes.

The Street

Guide to IRS Tax Penalties: How to Avoid or Reduce Them

Here's how you can minimize or avoid the most common penalties imposed by the IRS.

The Street

10 ways to make your business more efficient

If you’re looking for new ways to improve your business, here are 10 products and services that can help make it more efficient and profitable.

The Independent UK

Your Retirement Income Should Depend on Math, Not the Market

Dividing your assets into three different buckets — safety, income and growth — can help protect you from inevitable market downturns.

Kiplinger

Senators seek FTC probe of IRS provider ID.me selfie technology

A group of Democratic senators has asked the Federal Trade Commission to investigate whether identity verification company ID.me illegally misled consumers and government agencies over its use of controversial facial recognition software.

Tribune News Service

US Soccer agrees milestone deal to pay men’s and women’s teams equally

The CBAs will run through to 2028 with the USSF the first national governing body to promise both sexes matching money

The Independent UK

AP Exclusive: Black Lives Matter has $42 million in assets

A new, 63-page IRS tax filing shared exclusively with The Associated Press shows the Black Lives Matter Global Network Foundation Inc. ended its last fiscal year with nearly $42 million in net assets

The Independent UK

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The Independent UK

AP Exclusive: Black Lives Matter has $42 million in assets

A new, 63-page IRS tax filing shared exclusively with The Associated Press shows the Black Lives Matter Global Network Foundation Inc. ended its last fiscal year with nearly $42 million in net assets

The Independent UK

"Chrisley Knows Best" stars to stand trial in Atlanta

A federal trial for reality television stars Todd and Julie Chrisley on charges including bank fraud and tax evasion is set to get underway Monday in Atlanta

The Street

What Is a 401(k) Plan? Definition, Types, & Benefits

What Is a 401(k) Account?A 401(k) is an employer-sponsored retirement-savings account into which a worker can divert some of their earnings from each paycheck on a pre-tax basis. In other words, an employee’s contributions to their 401(k) account come out of their paycheck but do not count toward ...

The Street

What Is a 401(k)?

Americans held $7.7 trillion in 401(k) plans at the end of 2021, making the 401(k) retirement plan one of the most commonly used retirement investment vehicles in the U.S.

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news in one place.

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The Street

$1B Crypto Ponzi Scheme Revealed by Regulators

Whipsawing markets and faltering assets have shocked the nascent crypto market. Now, regulators say they've uncovered a Ponzi scheme.

The Street

Tax Attorney vs. CPA: What's the Difference?

Tax attorneys and CPAs are two different, but similar, professionals who can help you with taxes and financial planning.

Evening Standard

Everything Everywhere All at Once movie review - prepare to have your heart (and mind) broken

This parallel universe romp is one of the best comedies of the year

Tribune News Service

The IRS dropped its demand to upload selfies, so why is Florida still requiring them?

FORT LAUDERDALE, Fla. — Taxpayers, lawmakers and digital privacy advocates rebelled earlier this year when the IRS announced plans to require taxpayers to upload selfies if they wanted online access to their tax records. The selfies were needed by an identity verification service, ID.me, to compare with applicants’ government-issued ID…

Asharq Al-Awsat

‘Everything Everywhere’ Creators Set Out to Surprise with Sci-Fi Action Comedy

As its title suggests, "Everything Everywhere All at Once" from creative duo Daniel Kwan and Daniel Scheinert, takes audiences on an elaborate adventure across multiple universes. The movie stars Michelle Yeoh as laundromat owner Evelyn Wang who has trouble connecting with her family and paying her taxes. Preoccupied by a…

The Street

A Guide to Paying Quarterly Taxes

Here’s a closer look at how quarterly taxes work and what you need to know when filing your self-employed tax returns.

Reason

IRS Stole Money and Hid the Details for Years

As law enforcement agencies patrol for profit, the secrecy surrounding cash seizures must stop.

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People

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