The IRS on Wednesday pulled language from its website that would have subjected millions of users of the popular video games Fortnite and Roblox to a new disclosure requirement after Bloomberg Tax...

A vocal skeptic of cryptocurrencies is joining the Consumer Financial Protection Bureau, a sign the agency may be pushing to ratchet up scrutiny of digital tokens.

It’s one of the hottest corners of crypto -- and now the U.S. government wants its share of the profits.

The Biden administration is preparing to release an initial government-wide strategy for digital assets as soon as next month and task federal agencies with assessing the risks and opportunities that...

People shouldn’t completely shun the crypto world after the recent collapse of a popular stablecoin, an official at the International Monetary Fund said Monday.

Former federal prosecutor Katie Haun is proving she’s a force to be reckoned with in crypto investing after her new venture capital firm raised $1.5 billion.

The IRS has invited cryptocurrency companies and advocates to a March 3 summit to discuss how the agency can “balance taxpayer service with regulatory enforcement,” according to a copy of the...

A sweeping bill from a bipartisan Senate duo would buttress rules pertaining to some of the hottest issues facing the crypto industry, including sanctions compliance, stablecoin oversight and energy...

The White House says the environmental impact of producing cryptocurrencies like Bitcoin could impede US efforts to combat climate change.

President Joe Biden is seeking more than $1 billion dollars in additional funding for the IRS—showing his administration is serious about getting the agency the resources it needs to audit more...

Tax preparers are bracing for a complicated tax season to get even messier after the latest stimulus package made a number of tax changes, some that will impact already-filed returns.

Gary Gensler is ratcheting up his criticism of digital-asset exchanges, arguing that some platforms are shirking rules and may be betting against their own customers.

A key group of financial overseers said it will take action to rein in stablecoins if Congress fails to pass comprehensive legislation to regulate the tokens, the latest sign that the U.S. government...

US authorities are digging into the internal financial dealings of Barry Silbert’s expansive crypto empire, according to people familiar with the matter.

President Joe Biden is directing government agencies to focus more on the fast-growing crypto market, from researching a U.S. digital dollar to combating illicit finance.

Budget constraints have caused the IRS to cut back on an important category of employees: the people who actually collect tax from delinquent individuals and businesses.

US authorities are asking crypto investors and trading firms that worked closely with FTX to hand over information on the company and its key figures, including founder Sam Bankman-Fried and the...

Individuals will be able to amend their 2020 tax returns, which they’ll file this year, electronically, the IRS confirmed in an email to Bloomberg Tax.

The union that represents IRS workers is calling on the agency to shut down its Austin, Texas, campus after dozens of employees contracted Covid-19.

An IRS spokesman said the agency isn’t considering a temporary shutdown of its phone lines, hours after National Taxpayer Advocate Erin Collins said the agency was mulling the idea as a way to shift...

A bitter feud between crypto tycoons has piqued the interest of US investigators who were already looking into the finances of one of the industry’s best-known empires.