Tagged: chuck rettig

IRS to Move Away from Using Third-Party Verification involving Facial Recognition

February 8, 2022 @ 11:58 am By Omar Faridi |

The US Internal Revenue Service (IRS) announced that it will transition away from using a third-party service for facial recognition in order to help authenticate individuals creating new online accounts. The transition will take place over the coming weeks in order to “prevent larger disruptions… Read More

Biden Administration Looks to Help Pay for Infrastructure Plan with Tax Enforcement of Cryptocurrency Transactions

July 30, 2021 @ 11:50 am By JD Alois |

President Joe Biden published more details on the pending infrastructure deal while indicating he intends to offset the substantial cost by various fees including “strengthening tax enforcement when it comes to cryptocurrencies.” In a speech, President Biden said: “This agreement will help ensure that America… Read More