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Internal Revenue Service news

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cryptocurrency IRS

Business & Lifestyle

CONFIRMED: IRS trains staff on finding cryptocurrency wallets

WASHINGTON (CoinDesk) -- The U.S. Internal Revenue Service (IRS) may consider subpoenaing major tech companies like Apple, Google and Microsoft in search of taxpayers’ unreported cryptocurrency holdings. That’s according to a slide deck presentation from an IRS cyber training session, which details a number of ways the agency’s criminal investigators might find potential crypto tax cheats. “Issuance of a grand jury subpoena should be considered for Apple, Google and Microsoft for the subject’s complete application download history,” says the slide […]

todayJuly 13, 2019 1

Illinois tax returns

Financial News

Illinois to start accepting tax returns Monday

SPRINGFIELD (Illinois News Network) -- The state of Illinois says it'll start processing tax returns on Monday, but it will be a while before you get your refund. If you file your Illinois taxes online, have your money deposited directly into your bank account and have an error-free tax return, you could see your refund in about a month. The Illinois Department of Revenue said it will start accepting tax returns Monday. The same day that the Internal Revenue Service will […]

todayJanuary 27, 2019

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