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IRS’s top crypto executive Trish Turner resigns after brief tenure

Trish Turner has stepped down from her position leading the Internal Revenue Service’s crypto division. This is after approximately three months in the role. Summary IRS digital assets chief Trish Turner resigns after 3 months. Turner joins Crypto Tax Girl as tax director amid rising crypto compliance needs. Her exit adds to ongoing leadership churn … Read more

US Senate clears resolution to kill IRS’s controversial defi broker rule

A rule to scrap a U.S. Internal Revenue Service rule targeting decentralized finance platforms has cleared the Senate, setting the stage for the president’s expected sign-off. On March 26, the Senate voted 70-28 in favour of repealing the controversial DeFi broker rule, which sought to expand tax reporting requirements for businesses in the sector. Earlier … Read more

IRS’s free tax filing service opens today. Here’s how you can take advantage

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