The IRS has announced that it has reached an agreement with the Free File Alliance that will continue the program & make it better for the 2019 tax season.
Read MoreCategory: technology
Users Protest Ugandan Tax On Social Media
Earlier this year, the Uganda Parliament approved a tax on access to over the top (OTT) services – a tax on the use of social media. Critics argue that the tax is an unreasonable attempt to squelch online criticism of the government. Here’s what they’re doing in response.
Read MoreCloud Tax On Streaming Services Survives Legal Challenge
Chicago raised eyebrows when the city announced a streaming tax on Netflix and similar internet services. The Liberty Justice Center filed a lawsuit challenging the tax on behalf of Chicago taxpayers. This week, a court ruled in favor of the city, upholding the tax.
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Coinbase Will Turn Over Court-Ordered Data
In the battle between the Internal Revenue Service (IRS) and Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum, Coinbase has announced that it has officially notified affected customers that it will comply with a court order.
Read MoreIRS Wins Big In Bid For Coinbase Customer Data
The IRS has notched a win in its battle for data from Coinbase. The IRS may legally investigate Coinbase account holders who may not have paid federal taxes on their virtual currency profits, but the scope of the summons has been dramatically narrowed.
Read MoreBig Four Accounting Firm Deloitte Confirms Cyber Attack
Deloitte, known popularly in the United States as one of the “Big Four” accounting firms, has confirmed that it was the victim of a cyber attack.
Read MoreIs Your New Tax Professional Secretly A Robot?
Could a robot be doing your tax return? There was a time when that sounded far-fetched. But according to EY Americas Tax Talent Leader Martin Fiore, it’s happening already.
Read MoreMassive Cyberattack Traced To Tax Software
A worldwide cyberattack that affected companies in 64 different countries, including those in the United States, caused panic in a some sectors yesterday. Now, Microsoft believes it can trace the origins of the cyberattack to a Ukrainian company’s tax accounting software.
Read MoreCongress Questions IRS On Efforts To Access Coinbase Customer Data
For months, customers, lawyers, and privacy experts have been voicing concerns about the scope of a “John Doe” summons that the Internal Revenue Service (IRS) seeks to serve on on Coinbase. Now, Congress has joined the clamor.
Read MoreAnonymous Coinbase Users Seek To Intervene In IRS Efforts To Access Bitcoin Info
Berns Weiss LLP has filed a motion on behalf of two Coinbase customers seeking to intervene in an ongoing dispute over an attempt by the Internal Revenue Service (IRS) to issue a “John Doe” summons on Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum.
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