Tag: IRS

IRS Releases 2026 Tax Brackets and Standard Deductions, Seniors Get Extra $6,000

IRS Releases 2026 Tax Brackets and Standard Deductions,...

iShook Opinion Oct 9, 2025 54

IRS releases 2026 tax brackets and standard deductions; seniors can claim an ext...

New 401(k) Rule 2026: High Earners Face Roth-Only Catch-Up

New 401(k) Rule 2026: High Earners Face Roth-Only Catch-Up

iShook Opinion Sep 30, 2025 70

From 2026, workers 50+ earning $145K+ can only add extra 401(k) savings into Rot...

IRS Expands Cryptocurrency Surveillance: Key Updates for Traders and Exchanges

IRS Expands Cryptocurrency Surveillance: Key Updates fo...

iShook Opinion Sep 14, 2025 714

IRS broadens crypto enforcement with John Doe summonses and blockchain analytics...

Larry Summers Says DOGE Plan Could Hurt US Economy, Warns of "Disastrous Failure"

Larry Summers Says DOGE Plan Could Hurt US Economy, War...

iShook Opinion Apr 13, 2025 176

The former Treasury Secretary warns that the government’s DOGE initiative may we...

IRS and Treasury Enforce Tax Rules on DeFi Platforms, Raising Privacy Concerns

IRS and Treasury Enforce Tax Rules on DeFi Platforms, R...

iShook Opinion Jan 3, 2025 90

New IRS rules classify DeFi platforms as brokers, requiring KYC and tax reportin...

IRS Rules Crypto Staking Rewards Are Taxable, Affecting U.S. Investors

IRS Rules Crypto Staking Rewards Are Taxable, Affecting...

iShook Opinion Dec 24, 2024 160

The IRS says staking rewards are taxable when earned, not sold, sparking a legal...

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