IRS wants court to toss crypto exec’s appeal over bank record summons
The US Internal Revenue Service has asked an appeals court to toss a crypto founder’s plea to quash summonses the tax regulator filed against him, which he alleged was without proper notification. In ...
JD Supra9d
Bank Secrecy Act › FinCEN › Tax Evasion
The Bank Secrecy Act is a United States federal statute enacted in 1970 to detect and prevent money laundering within financial institutions. The BSA requires financial institutions to keep ...
JD Supra14d
NTA Addresses Overlap Reporting
On 1/8/25, the National Taxpayer Advocate (NTA) published its 2024 Annual Report to Congress and identified taxpayers’ ...
Philippine Daily Inquirer23h
Alyansa to push bank secrecy waiver, 14th month pay for all if elected
A bank secrecy law waiver for all government officials along with 14th month pay for all employees will be some of the bills that will ...
CoinDesk1y
Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So
In this episode of Unchained, Peter Van Valkenburgh, director of research at Coin Center, explains why the IRS's proposed broker rule for tax reporting ... the Bank Secrecy Act might be ...