The IRS isn’t doing enough to monitor the use of virtual currency, the agency’s inspector general said in a report Tuesday. There is “little evidence of coordination” between different parts of the Internal Revenue Service on policing virtual currencies such as bitcoin, according to the Treasury inspector general for tax administration. As with cash, the…
Not only did Donald Trump win the presidency last night, but the Republican party retained control of both the House of Representatives and the Senate. This means that the tax plan Donald Trump has proposed, which is mostly in line with the ideas of the rest of his party, could actually happen, resulting in the…
WASHINGTON — The stunning election of Donald J. Trump as president and the re-election of a Republican-controlled House and Senate will usher in sweeping change to the nation’s policy course that will most likely amount to a repudiation of much of President Obama’s legacy and will reorient the United States’ position on the world stage.…
