Users who receive income through digital payments will have another year before having to comply with a new tax rule that had sowed confusion and concern.
Tag: Internal Revenue Service
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Trump’s Tax Audit Shows Depths of IRS Funding Woes
The agency lacks the resources to go after rich taxpayers. For years, a single revenue agent was responsible for the audits of Donald J. Trump.
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I.R.S. Routinely Audited Obama and Biden, Raising Questions Over Delays for Trump
The revelation that the agency had not audited Donald J. Trump during his first two years in office despite a mandatory presidential audit program raised concerns about potential politicization.
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Trump’s Taxes: Red Flags, Big Losses and a Windfall From His Father
The presidency of Donald J. Trump, a congressional report reveals, was marked by some of the same questionable tax maneuvers that had characterized his business career.
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How New IRS Rules Could Affect Venmo, Zelle and CashApp Users
Users of digital wallets and e-commerce platforms must start reporting small transactions, sowing fears among small-business owners.