[Brief] Illinois Adds 0.2% Tax on Digital Asset Holding and Transfers
Illinois added a 0.2% tax on digital asset holding and transfers in its state budget at the last minute, drawing strong opposition from the crypto industry.
Tax
IRS to Drop Audits of Trump and Family
IRS Drops Trump Tax Audits as Part of Settlement The Internal Revenue Service will drop its audits of Donald Trump and his family, according to The New York Times. This development comes as the latest term in a settlement agreement between the Trump administration and the Justice Department, which bars the IRS from investigating Trump and his family over past tax issues. Settlement Details: New settlement terms explicitly bar the IRS from investigating Trump and his family on past tax matters The Justice Department expanded the settlement to cover his tax audits Trump has also set up a $1.8 billion legal fund to compensate his allies Controversy: ...