Browsing: IRS
The IRS on January 22 reminded all taxpayers to answer a question about digital assets and report all income from…
Two US agencies announced on January 16 that controversial transaction reporting rules do not apply to digital assets (i.e. cryptocurrency).The…
FTX’s lawyers are opposing efforts by the US Internal Revenue Service (IRS) to claim billions of dollars in unpaid taxes…
The US Internal Revenue Service’s (IRS) criminal investigative unit says crypto tax investigations are on the rise. The unit notes…
U.S. Senators Elizabeth Warren and Angus S. King, Jr. are urging the U.S. Treasury Department and the Internal Revenue Service…
The U.S. Treasury Department and Internal Revenue Service just published a proposal that would set new guidelines on what crypto…
The U.S. Treasury Department has proposed updated tax rules aiming to streamline the crypto tax landscape, as reported by the…
In a recent letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, US Senators led by Elizabeth…
The Internal Revenue Service (IRS) says that US crypto traders staking rewards will now have to treat those earnings as…
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new…