Weekly Tax News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There’s a new player now when it comes to international tax talks — the United Nations.

For whatever it’s worth, more groups are speaking up against a hypothetical tax deal that would involve both expanding the Child Tax Credit and reviving some tax breaks for business.

A bipartisan crew of House members is urging the Treasury Department to give businesses a further break on new Foreign Tax Credit regulations.

The debate has been picked over plenty of times, and neither side is backing down from their priors.

The IRS is expecting so many information returns related to cryptocurrency — 8 billion, to be somewhat precise — that agency officials fully expect you to do a double take when you hear the actual number.