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The IRS is pouring more resources into detecting “high-risk” noncompliance issues associated with digital assets, according to its strategic operating plan.

Happy tax season to all who celebrate! Which is (or should be) everyone. But as you strive to do your civic duty (under penalty of perjury) ponder this: Just 2.4% of the 104 million US taxpayers eligible to use the IRS Free File Program did so in 2020. And more than 14 million of the lowest-paid Americans may have paid unnecessary commercial fees to file their 2019 taxes.

The Ethereum network is set to undergo a technical revamp on April 12 that will allow users to withdraw tens of billions of dollars of its native token, Ether. Known as the “Shanghai” upgrade, it’s a necessary step after the world’s most commercially important crypto platform shifted to a less power-hungry process for ordering transactions. Investors burned by recent turmoil in crypto markets will be wondering if, presented with their first opportunity to withdraw their tokens, some Ether holders will run for the hills.

US banks are pitted against each other as regulators move to strengthen oversight after a series of failures undermined confidence in the financial system.

Interest in holding cryptocurrency in self-directed IRAs has grown considerably. And until there’s further clarity, one should exercise caution with cryptocurrency in a checkbook IRA, says attorney Ari Good.

Thailand’s main opposition party will hand out about 500 billion baht ($15 billion) in cash if it wins next month’s election to “resuscitate” the nation’s struggling economy and provide relief to those battling “neck-deep debt,” a party official said.

Dogecoin fell as much as 9% as some Twitter users began to see their home buttons on the social media platform revert back to its iconic blue-bird logo after a few days of being replaced by the dog meme associated with the cryptocurrency.