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Tag: tax

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Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams

IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS...

90% of qualifying EV buyers get $7,500 tax credit as upfront payment

Maskot | Maskot | Getty ImagesThe bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront...

Binance executive escapes Nigerian custody as authorities file new tax charges

The logo of cryptocurrency exchange Binance displayed on a smartphone with the word "cancelled" on a computer screen in the background.Budrul Chukrut |...

Biden’s billionaire tax hits the super-rich. Can a wealth tax work?

Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President Joe Biden said he would impose...

Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight

The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting...

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