In an effort to balance other proposed tax cuts, U.S. President Donald Trump has proposed a significant increase in taxes for high-income earners. His plan introduces a new […]
IRS Crypto Leaders Resign Amid Tax Reporting Changes
The resignations of key IRS crypto policy leaders ahead of a crucial digital asset tax reporting update have created uncertainty for businesses and traders preparing for 2025 compliance. […]
Trump Moves Forward with Major Legislation and Tax Bill
U.S. President Donald Trump continues his efforts to advance a major legislative package, according to recent updates from congressional leaders. The tax bill has shown significant progress and […]
Trump Warns of Wealth Exodus Amidst Proposal for Millionaire Tax Hike
President Donald Trump expressed concern over a proposed tax increase on high earners, arguing that such a move would drive wealthy Americans to relocate overseas. He warned reporters […]
U.S. House Approves Trump’s Tax Cuts: Potential Market Impact on Bitcoin and Cryptocurrency
The U.S. House of Representatives has advanced a plan to implement former President Trump’s tax cuts, alongside a significant increase in the national debt ceiling. While proponents believe […]
Cryptocurrency Market Soars Following U.S. Tax Policy Changes
The cryptocurrency market has experienced a substantial surge, driven by recent U.S. tax policy changes announced by President Trump. As per data from SoSoValue, the market gained anywhere […]
Tech Leaders Confront Trump Over Tax Policy’s Impact on the Market
A gathering of prominent tech and finance executives met with President Trump at Mar-a-Lago to discuss the potential effects of his proposed tax policies on global markets and […]
House Moves to Repeal Controversial DeFi Tax Rule
The U.S. House of Representatives has taken a significant step towards overturning the Internal Revenue Service’s (IRS) tax policy on decentralized financial (DeFi) platforms. This action comes after […]