Treasury Seeks Pause in Corporate Transparency Act Case
After dialing back the Corporate Transparency Act’s beneficial ownership information reporting requirements last month, the Treasury Department is now moving …
Republicans Celebrate House Passage of DeFi Broker CRA
Biden-era regs classifying some decentralized digital asset entities as brokers subject to IRS reporting rules are one step closer to …
Exempt Org Foreign Reporting Forms Burdensome, IRS Told
Several organizations responded to an IRS request for comment on filing obligations of tax-exempt entities to say that three forms …
Wary of Their Role in Corporate Transparency Act Filings, CPAs Push for Delayed Implementation
With the Corporate Transparency Act’s beneficial ownership information (BOI) reporting deadline fast approaching, some CPAs are hesitant to advise their …
Deloitte’s Jonathan Cutler Weighs in on New Digital Asset Reporting Form
Deloitte Washington National Tax Senior Manager Jonathan Cutler, a global information reporting expert, shared with Checkpoint his impressions of the …
Crypto Tax Pros Debrief IRS Digital Asset Reg Hearing
Following a public rulemaking hearing on proposed regs implementing digital asset broker provisions of the Infrastructure Investment & Jobs Act, TaxBit’s Vice President of …
Refresher: Infrastructure and Investment Jobs Act’s Crypto Reporting Requirements
This article is in collaboration with Ledgible. Crypto reporting requirements under the Infrastructure and Investment Jobs Act (PL 117-58), enacted November …
Interview With EY’s Jeffrey Saviano
Jeffrey Saviano, global tax innovation leader at Ernst & Young and host of its Better Innovation podcast, spoke with Checkpoint …
IRS releases draft of new simplified tax return for seniors: Form 1040-SR
Congress directed the IRS to create a new form, designated Form 1040-SR, for use by individuals age 65 and older …