The IRS continues to issue guidance for crypto tax preparers . . Toward the tail end of 2024 the IRS released the ...
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations that significantly ...
US crypto tax rules begin in 2025, requiring exchanges to report transactions to the IRS. Trump’s pro-crypto stance sparks industry optimism.
Rep. Buddy Carter proposes the Fair Tax Act to overhaul the US tax code, replacing it with a national consumption tax and ...
The IRS then outlines the DeFi model as also involving three “layers” it calls the interface layer, application layer, and settlement layer. Commenters to the proposed regulations objected to ...
On December 30, 2024, the Department of the Treasury (the Treasury) and the Internal Revenue Service (the IRS) published the final regulations ...
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
A legal battle in Texas could shape the future of DeFi, as innovators challenge the IRS and Treasury’s controversial “broker” ...
The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for ...
The IRS delayed crypto tax rules to 2026, acknowledged the US tax system as voluntary, and mandated the FIFO method for ...
The IRS published final regulations on information reporting obligations for certain DeFi participants and, on the same day, the Blockchain Association, Texas Blockchain Council, and DeFi ...