News

IRS to back down on controversial broker rule
A proposed IRS rule requiring decentralized crypto platforms to report user transactions has been officially withdrawn, ...
‘Enormous pressure.’ NC faith leaders react to IRS endorsement change
Churches can endorse candidates from the pulpit without endangering their tax-exempt status, the IRS said in a Texas court ...
A surprise IRS move on political endorsements leaves faith leaders and legal experts divided
The new IRS interpretation came after decades of debate and, most recently, lawsuits from the National Religious Broadcasters ...
Watchdog slams OpenAI with IRS complaint — warning CEO Sam Altman is poised for windfall in violation of US tax law
A tech watchdog has lodged a formal complaint against OpenAI with the Internal Revenue Service — warning that CEO Sam Altman looks poised to reap a stake worth billions in violation of US ...
Don't expect a speedy tax refund in 2026 from an understaffed IRS
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
They wrote the wrong amount on a tax check — it nearly cost them $30,000 and got them fined by the IRS
There are several mistakes that you can make while filing your tax return with the IRS that could cause a delay in processing ...
IRS takes a step toward giving pastors a bully pulpit
By interpreting political discussions during worship as private conversations, the IRS creates a loophole that will lead to ...
Decrypt7h
IRS Formally Removes Anti-DeFi Broker Rule From Tax Code
A resolution repealing the IRS rule was signed into law by President Trump in April, after passing both the House and Senate ...