Tag: tax
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Brazil’s tax department to begin collecting information from foreign crypto exchanges
Brazil’s Special Department of Federal Revenue will begin collecting information from foreign crypto exchanges to ensure their operations are in compliance with local...
$1 billion in EV tax credits issued upfront to buyers, say Treasury, IRS
Halfpoint Images | Moment | Getty ImagesThe federal government has issued more than $1 billion in tax credits as an upfront cash incentive...
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...
