Charles Rettig News
24.09 / 15:53
IRS
Tax
IRS Can Now Hunt Down America’s Crypto Tax Evaders After Landmark Ruling
The Internal Revenue Service (IRS) has received authorization from a U.S. district judge to sniff out individuals who attempt to sidestep taxes on their cryptocurrency transactions. The order comes at a time when digital asset adoption is seeing a surge, and the number of crypto tax evaders is subsequently increasing.
23.09 / 12:07
regulation
IRS
Taxes
IRS to summon users who don't report and pay tax on crypto transactions
With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service (IRS) could properly collect cryptocurrency tax.
04.05 / 00:05
rights
IRS Chief Pushes Congress for Law Change on Land-Rights Tax Deals
WASHINGTON—Internal Revenue Service Commissioner Charles Rettig sought congressional help Tuesday in stopping land-rights deals that the government views as abusive transactions.
08.02 / 11:48
IRS Retreats From Facial Recognition to Verify Taxpayers’ Identities
WASHINGTON—The Internal Revenue Service is scrapping its use of a private facial-recognition system to authenticate taxpayers’ identities for online accounts, the agency said Monday after criticism from lawmakers in both parties over privacy concerns.
10.01 / 21:15
IRS Warns of Service Delays When 2021 Tax-Filing Season Opens on Jan. 24
WASHINGTON—The Internal Revenue Service will begin accepting 2021 individual income-tax returns on Jan. 24, and administration officials are already warning of paperwork backlogs and difficulty reaching IRS employees on the telephone during this year’s filing season.
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