The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28. Crypto …
Latest in IRS
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U.S. Regulation
Rep. Matt Gaetz Introduces Bill Requiring The IRS to Accept Bitcoin as Payment For Federal Income Taxes
by Terron Goldby Terron GoldFlorida Republican Matt Gaetz introduced a bill on Tuesday that would allow people to use bitcoin to pay their federal …
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U.S. Regulation
New IRS Draft Tax Form For Crypto Defines Unhosted Wallets as Brokers
by Terron Goldby Terron GoldThe IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets …
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U.S. Regulation
The IRS Adds Cryptocurrency Income Tax Question to Four More Tax Forms
by Terron Goldby Terron GoldThe IRS on Jan. 22 reminded all taxpayers to answer a question about digital assets and report all digital asset-related …
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Lifestyle
‘Bitcoin Rodney,’ Alleged HyperVerse Crypto Scheme Promoter, arrested on IRS Charges of Fraud
by Terron Goldby Terron GoldThe dream of making a quick and easy fortune in cryptocurrency took yet another hit with the arrest of Rodney …