The Internal Revenue Service is looking for information on bitcoin users from Coinbase, one of the largest bitcoin exchanges in the U.S., as part of its efforts to uncover possible tax evasion. The IRS sent a broad request known as a John Doe summons to Coinbase last week seeking information on all of the San…
Now that Donald Trump has been elected as the next U.S. president, taxpayers should start thinking about tax code changes his administration could make. According to a September analysis of Trump’s tax plan by the nonprofit Tax Foundation, some changes could affect your tax planning — if they make it through Congress. Here’s a brief…
The nation’s most influential business lobby urged President-elect Donald Trump Monday to take a “balanced” approach to immigration and to expand international trade, two areas where the Republican has promised a hard line. The U.S. Chamber of Commerce told Mr. Trump that U.S. companies need to attract immigrants to grow. “We hope you and Congress…
