Category: Ted
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IRS Crypto Rules Spark Pushback From Texas Senator Ted Cruz
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The cryptocurrency industry, especially brokers, has received major support from Texas Senator Ted Cruz this week. According to Axios reportCruz will use the Congressional Review Act (CRA) in the next few days to challenge the IRS’s current tax rule on reporting cryptocurrency income. The IRS reporting rule generated a lot…
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Ted Baker to close all UK stores as potential Mike Ashley deal falters
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Ted Baker is set to close its last 31 UK stores this week, putting around 500 jobs at risk, as uncertainty grows over a potential rescue deal involving Mike Ashley’s Frasers Group. The closures mark the end of the retailer’s presence on the British high street, after months of turmoil…