Elon Musk’s Department of Government Efficiency (DOGE) plans to host a hackathon next week focused on the creation of a “mega API” that will provide access to taxpayer data, according to Wired. Wired says the hackathon is being organized by two DOGE staffers at the Internal Revenue Service — Gavin Kliger and Sam Corcos, who’s…
Category: irs
blockchain Association, defi education fund, Global IT News, Global Security News, irs, TC, Texas Blockchain Council
Crypto industry groups sue IRS over broker reporting rule
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden Administration’s Infrastructure Investment and…