News Topic: IRS
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Crypto firms brace for new tax reporting rules
Customers were banks' best allies in fight against IRS reporting measure
IRS reporting plan ‘on life support,’ but banks not celebrating just yet
Manchin sides with banks in rejecting IRS reporting proposal
Banks urge White House to ditch IRS reporting plan
Treasury narrows IRS reporting plan. Banks and GOP are unmoved.
Banks' fight against IRS reporting may hinge on centrist Democrats
‘Unequivocally false’: Treasury says critics misrepresent IRS reporting plan
Banks and credit unions unswayed after House softens IRS reporting plan
Banks call IRS reporting plan a compliance and privacy nightmare. Is it?
Yellen urges House to include IRS reporting provision in budget package
Banks escalate fight over IRS reporting in Biden budget plan
Are cryptocurrency exchanges the new Swiss banks?
Banks, consumer advocates unite against tax reporting proposal
Banks, crypto exchanges would report client transactions under tax plan
Binance probed by U.S. as money laundering, tax sleuths bore in
Unbanked stimulus seekers rush to open checking accounts
The IRS, FDIC and more than 70 banks and credit unions are urging consumers to open affordable accounts so they can receive their Economic Impact Payments quickly and safely. Many people have signed up, but millions lack accounts and will be harder to ... Read full article
Blame Treasury, IRS for delay in stimulus payments, banks say
Banks have borne the brunt of the criticism from consumers still waiting for coronavirus relief funds to land in their accounts. But the industry says the lag time is the fault of the government and its antiquated payments system ]] ... Read full article
IRS blesses tax breaks on forgiven PPP loans after law change
The Internal Revenue Service will allow businesses that got their Paycheck Protection Program loans forgiven to write off expenses paid for with that money, shifting policy after Congress passed new legislation last month. ... Read full article