IRS

IRS Proposes Electronic-Only Delivery For Crypto Tax Forms Under New Reporting Rules

The U.S. Internal Revenue Service (IRS) has proposed a new rule that would allow cryptocy brokers to deliver crypto tax forms exclusively through…

2 days ago

Veteran IRS official Trish Turner steps down to join crypto tax firm

The Internal Revenue Service's top cryptocy lead left the tax agency as changes are set to come into force next…

7 months ago

IRS Formally Removes Anti-DeFi Broker Rule From Tax Code

The IRS announced Thursday it formally removed a controversial rule from the federal tax code that would have obligated decentralized…

8 months ago

US President Donald Trump Signs Bill to Kill IRS DeFi Rule

A Biden-era IRS rule that  required DeFi platforms to report user data and crypto sales, has been repealed nby President…

11 months ago

Pennsylvania Man Convicted For Omitting More Than $13M in NFT Sales

A York County, Pennsylvania man has pleaded guilty to charges relating to years worth of improper tax return filings. According…

11 months ago

Senate Votes to Repeal Controversial IRS Rule, Trump Expected to Sign

The U.S. Senate voted to repeal a controversial crypto tax rule finalized weeks before the Trump administration took office. The…

12 months ago

House Votes to Repeal Controversial IRS Crypto Tax Rule, Moving on To The Senate

The U.S. House of Representatives voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report…

12 months ago

Trump Plans to ‘Rescind and Amend’ IRS Crypto Tax Rules, Sign Stablecoin Bill By August

President Donald Trump’s administration on Friday detailed how the U.S. plans to assert its leadership in the crypto space during…

12 months ago

IRS Delays Crypto Tax Reporting Requirements Until 2026

The U.S. Internal Revenue Service announced Wednesday that it will postpone new tax reporting requirements for cryptocurrencies until the start of…

1 year ago

US IRS Finalizes Controversial Tax Rule Requiring ‘DeFi Brokers’ to Collect User Trading Information

The U.S. Internal Revenue Service has finalized rules requiring certain brokers in decentralized finance to report on gross proceeds in…

1 year ago