Prosecutors agreed to dismiss the indictment against Ver, who admitted that he failed to pay all the taxes that he owed to the IRS on the sale of Bitcoin after he renounced his U.S. citizenship.
Day: October 14, 2025
GM takes $1.6B charge after pullback from EVs
The giant automaker is taking a hit as the market for electric vehicles is reshaped by the Trump administration’s removal of tax credits and other incentives.
In the blogs: Capitol questions
Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.
Yes, extended returns are still due Oct. 15
Despite the government shutdown, the IRS is reminding taxpayers and tax professionals that 2024 tax returns that were put on extension are still due.
Phasing out checks threatens vulnerable taxpayers
Taxpayer Advocate Erin Collins warns about the potential downsides for some taxpayers of the IRS moving entirely to electronic payments.