New rules are in place for those who help people file their taxes in New York. The state's tax department has updated its guide for tax preparers. This guide is a must-read for anyone who helps others with their income tax returns. First, some tax preparers must register with the state. This is not
The Senate Agriculture Committee recently pushed ahead with a plan to regulate the crypto market. This move came after a vote that split along party lines. Meanwhile, other important lawmakers are still working on different parts of the same bill. The committee's plan would make the Commodity Futur
The U. S. is stepping up its game in the digital asset world. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are joining forces on Project Crypto. This initiative aims to make sure the U. S. stays ahead in the digital finance race. The goal is to cr
Crypto's influence in Washington is growing, and it's not just about voting. A group called Fairshake and its allies have a massive $193 million to spend. This money is not going directly to candidates but is being used to shape the political landscape in a very specific way. Fairshake and its part
Pennsylvania's natural gas industry is facing tough new rules. These rules are said to protect the environment. But many think they will hurt the industry. The rules would make it harder to drill for gas. They would increase the distance between gas wells and buildings, water supplies, and other imp
Barry Moore, a Republican congressman from Alabama, is making waves with a peculiar political fight. He's aiming to roll back regulations on gas cans, arguing that modern designs are too slow and spill-prone. Moore's "Freedom to Fuel Act" would exempt gas cans from federal emissions rules, a move th
In a surprising move, the UK's advertising regulator has put a stop to Coinbase's recent crypto ads. The watchdog found these ads misleading, suggesting that cryptocurrency could fix serious financial problems. This decision came after complaints about four ads that aired last August, including a vi
Mississippi is facing a unique situation with its medical cannabis program. The state has been collecting more money than expected from taxes on medical cannabis sales. This has led to a question: What should be done with the extra cash? The Mississippi Attorney General has weighed in on this issue
A recent ruling by a New York City tribunal has put an end to a long-standing tax dispute involving Cantor Fitzgerald Securities. The tribunal decided that the company cannot combine its financial records with those of its unrelated subsidiaries to lower its tax bill. This case, which dates back to
The SEC has been making some big moves in the crypto world lately. They've been dropping cases and closing investigations. This shift started after President Trump came back into office. One big case that got dropped was against Gemini Trust Company. The SEC and Gemini agreed to dismiss a case abou
