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Taxing Wildfire Lawsuit And Insurance Recoveries - Capital Gains Tax

If you have lost loved ones in a fire or other disaster, taxes are the least of your worries.

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Justices to hear major tax case

The Supreme Court will hear oral argument on Tuesday in a challenge to the constitutionality of a provision of a 2017 corporate tax reform law. A Washington State couple went to court to challenge the law after it increased their tax bill by a one-time payment of roughly $15,000. The federal governm

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U S Supreme Court considers tax case of the century

Is the U.S. Supreme Court posed to slam the door shut on efforts by some to impose wealth taxes across the country? We may soon find out. Multiple

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IRS Clarifies The Tax Treatment For Proof Of Staking Validation Rewards - Income Tax

The Internal Revenue Service published Revenue Ruling 2023-14 on July 31, 2023, regarding the tax treatment for cash-method taxpayers that receive validation rewards in proof-of-stake transactions.

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Senate Finance Committee Pens Letter to Digital Asset Community

Senate Finance Committee Pens Letter to Digital Asset Community
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