Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.

The IRS says that over one million taxpayers may have missed out on the Recovery Rebate Credit (RRC) claimed on their 2021 ...

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Republican Representatives have called on President-elect Trump to end the IRS' Direct File program, saying the program is "unauthorized and wasteful." ...

“You’re in the White House, and you’re not on the cover of any of these magazines. Do you think that will change? And would you say yes to them — the Vogues, the Peoples, whatever?

The IRS temporarily paused processing of those claims in 2023 amid concerns of fraud. In a 2023 podcast interview , Long talked about how he only helps people who are eligible to claim the tax credit.

On Monday, the IRS released a letter outlining priorities for 2025 and NIL collectives were at the top of that list. Currently, NIL collectives claim 501c()3) status, meaning they are tax-exempt ...