Tag: Section 6721

Avoid tax reporting pitfalls with real-time and bulk TIN validation

As IRS regulations expand to cover digital assets, companies must take proactive steps to ensure tax compliance. Amendments to Sections 6045 and 6045A now...

How to avoid penalties with effective IRS TIN compliance

The recent shifts in the regulatory landscape, especially with the expansion of Section 6045 and 6045A, now encompass a broader spectrum of financial actors including digital asset trading platforms and payment processors.

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