IRS DROPS bid to use a private facial-recognition firm to verify taxpayers after bipartisan pressure

The Internal Revenue Service is backing off of a controversial partnership with facial recognition software company ID.me on Monday, just as the company began transitioning to using the new technology for new user verification. The agency’s use of the controversial

Read More IRS DROPS bid to use a private facial-recognition firm to verify taxpayers after bipartisan pressure

Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS

Venmo, PayPal, dan Aplikasi Tunai sekarang harus melaporkan transaksi dengan total lebih dari $600 ke IRS karena Biden berencana untuk meningkatkan penegakan keuangan Persyaratan pelaporan baru akan memastikan bahwa usaha kecil yang menerima pembayaran melalui aplikasi tersebut membayar bagian pajak

Read More Venmo, PayPal and Cash App will now have to report transactions totaling more than $600 to the IRS

Democrats could DROP $80B IRS enforcement investment from Biden’s agenda to get bill through Senate

Menghapus $80 miliar akan meninggalkan tanda tanya $400 miliar tentang bagaimana Build Back Better akan dibayar Demokrat dilaporkan hampir menjatuhkan ketentuan dari Presiden Joe BidenRUU Build Back Better senilai $1,75 triliun yang akan mengalokasikan $80 miliar untuk memperkuat penegakan pajak

Read More Democrats could DROP $80B IRS enforcement investment from Biden’s agenda to get bill through Senate