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Coins representing Bitcoin, center and right, Litecoin, left, cryptocurrencies sit reflected on a polished surface in this arranged photograph in London, U.K., on Thursday, Feb. 8, 2018. Cryptocurrencies tracked by Coinmarketcap.com have lost more than $500 billion of market value since early January as governments clamped down, credit-card issuers halted purchases and investors grew increasingly concerned that last year’s meteoric rise in digital assets was unjustified.
Economy

IRS warns: Report cryptocurrency income or face audits, criminal charges

Pete Kasperowicz -
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IRS to get $320 million to implement GOP tax law
Economy

IRS to get $320 million to implement GOP tax law

Joseph Lawler -
0
Sen. Elizabeth Warren questions why Equifax did not disclose an investigation into insider-trading claims involving an executive indicted this week when it announced, last fall, that four others had been cleared.
Finance and Economy

Elizabeth Warren grills Equifax on insider-trading allegations

James Langford -
0
Rep. Peter Roskam, R-Ill., has taken a first step to ending abuses of privacy by introducing H.R. 4916, the Preventing IRS Abuse and Protecting Free Speech Act. (AP Photo/Carolyn Kaster)
Beltway Confidential

Don’t give the IRS personal information it doesn’t need

Bradley A. Smith -
0
Economy

Treasury cracks down on hedge funds trying to escape new limits on carried interest

Joseph Lawler -
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Treasury Secretary Steven Mnuchin said that the tax calculator is
Economy

Treasury rolls out calculator for taxpayers to check if withholding is correct

Joseph Lawler -
0
John Barrasso: A new escape hatch from Obamacare
Healthcare

John Barrasso: A new escape hatch from Obamacare

Sen. John Barrasso -
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Taxpayers are shifting money around to declare earnings in future years, when the tax rate may be lower, CBO said in a report. (AP Photo/J. David Ake, File)
Beltway Confidential

Trump administration cleans up the outdated tax code

Demian Brady -
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California tax lawyer Charles Rettig, who has worked on tax cases with the firm Hochman, Salkin, Rettig, Toscher & Perez for more than 35 years, would replace acting commissioner David Kautter as head of the tax collection agency. (AP Photo/Susan Walsh, File)
Immigration

Illegal immigrant pleads guilty and vows to self-deport after stealing $1M through bogus Earned Income Tax Credit claims

Anna Giaritelli -
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Senate Finance Committee Chairman Orrin Hatch, R-Utah, (pictured above) and House Ways and Means Chairman Kevin Brady, R-Texas, called on Internal Revenue Service acting commissioner David Kautter, a Trump appointee, to stop the agency from handing out bonuses to employees who have been disciplined for misconduct. (AP Photo/J. Scott Applewhite)
Economy

Republicans call foul on IRS giving bonuses to employees disciplined for drug use, sex harassment

Joseph Lawler -
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