[CNBC, Getty] A small section of the $1 trillion infrastructure bill that would place new tax reporting requirements on the cryptocurrency industry has generated a wave of lobbying. Calls from constituents supporting the industry have grabbed lawmakers’ attention. The crypto industry and allies hope to still change the law before […]
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[CNET] The IRS and Treasury will begin processing and sending the $1,400 stimulus checks as soon as this weekend. But not everyone may get all their money immediately. Things are moving quickly for the $1,400 stimulus checks. President Joe Biden signed the $1.9 trillion stimulus bill Thursday, a day earlier than expected. Shortly after, the […]
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[MarketWatch, Getty/iStock] President Donald Trump is absolutely critical to keeping this bull market alive, according to President Donald Trump. Here’s his latest tweet on the matter: This is nothing new, of course. Trump’s presidential tweets have been rife with self-glorification ever since he took office. According to the Trump Twitter Archive, […]
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(CNN) A federal appeals court refused to give President Donald Trump immediate relief to stop his accounting records from being turned over to a New York state grand jury, instead scheduling arguments for September 1 over whether the subpoena of Trump’s records should be paused. Manhattan District Attorney Cyrus Vance had agreed […]
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[The Hill] Tax preparers are concerned that many of the millions of Americans receiving unemployment benefits due to the pandemic are unaware that they might owe money to the IRS next year. Jobless benefits are subject to federal income taxes, as well as state income taxes in most parts of […]
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