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IRS Updates Crypto Tax Form, Drops Wallet Address Requirement – Decrypt

The United States tax agency has released revised forms for crypto investors, aiming to simplify taxes for digital asset holders. The 1099-DA, released as a draft on Friday, will provide “easier and clearer” reporting for tax filers with cryptocurrency investments, the IRS said in a statement on Friday. The revised form removes requirements from the […]

18 House Republicans ask Johnson not to target IRA clean energy tax credits

More than a dozen House Republicans sent a letter to House Speaker Mike Johnson (R-Louisiana) on Tuesday urging him not to repeal the Inflation Control Act’s (IRA) clean energy tax credit if Republicans maintain or expand their House majority next year. In the letter, first shared with Politico’s E&E News, members led by Rep. Andrew […]

Bottom Line: Victoria’s Secret flirts with tax reform

Tax Victoria’s Secret Hired Barnes & Thornburg LLP It lobbies on tax reform issues, “including international and domestic tax systems.” One of the account’s lobbyists is John T. “Jack” O’Rourke, a longtime lawyer who served as a professional staff member for the House Banking Committee and the Securities Industry Association in the 1980s. finance CitadelA […]

Where Tim Walz stood on tax cuts in Congress

Minnesota Governor Tim Walz (Democrat) has a mixed record on taxes, having voted for tax increases that angered Republicans while also breaking with Democrats to extend Republican tax cuts. As a member of the House of Representatives in 2012, Walz was one of 19 House members who voted for a Republican bill to extend George […]

‘No Tax on Tips’ excites —and divides — Nevada voters

LAS VEGAS — It’s a tough question that could tilt the Silver State’s vote in Donald Trump’s favor on Election Day. Since the former president declared at a packed outdoor rally in Las Vegas on June 9 that he would “not tax tips,” the idea has caught on among workers in a variety of jobs […]