A change to U.S. tax rules tucked inside U.S. President Donald Trump’s One Big Beautiful Bill Act could shift speculative …
Latest in Taxes
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NFTs
Canada’s $72M Crypto Tax Crackdown Targets 2,500 Dapper Labs Users, But No Charges Yet
by Terron Goldby Terron GoldCanada’s tax authority has widened its crypto enforcement net, targeting 2,500 users of Vancouver-based NFT firm Dapper Labs in a …
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U.S. Regulation
IRS Formally Removes Anti-DeFi Broker Rule From Tax Code
by Terron Goldby Terron GoldThe IRS announced Thursday it formally removed a controversial rule from the federal tax code that would have obligated decentralized …
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U.S. Regulation
Ohio House Approves Bill Exempting ‘Bitcoin Users’ From Minor Tax Burden
by Terron Goldby Terron GoldOhio’s House of Representatives voted on Wednesday to move forward with a new crypto bill that seeks several protections for …
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U.S. Regulation
Panama City to Accept Bitcoin, ETH, Stablecoins for Taxes, Fees & Permits
by Terron Goldby Terron GoldThe Panama City council has voted to become the first public institution of government to accept cryptocurrency payments for taxes, …
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U.S. Regulation
Pennsylvania Man Convicted For Omitting More Than $13M in NFT Sales
by Terron Goldby Terron GoldA York County, Pennsylvania man has pleaded guilty to charges relating to years worth of improper tax return filings. According …
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U.S. Regulation
Trump Plans to ‘Rescind and Amend’ IRS Crypto Tax Rules, Sign Stablecoin Bill By August
by Terron Goldby Terron GoldPresident Donald Trump’s administration on Friday detailed how the U.S. plans to assert its leadership in the crypto space during …
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Global Adoption
Gwacheon City in South Korea Introduces System to Seize Crypto From Tax Dodgers
by Terron Goldby Terron GoldThe Gwacheon City in South Korea will roll out a virtual asset electronic seizure system next month to track and …
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U.S. Regulation
IRS Delays Crypto Tax Reporting Requirements Until 2026
by Terron Goldby Terron GoldThe U.S. Internal Revenue Service announced Wednesday that it will postpone new tax reporting requirements for cryptocurrencies until the start of …
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U.S. Regulation
US IRS Finalizes Controversial Tax Rule Requiring ‘DeFi Brokers’ to Collect User Trading Information
by Terron Goldby Terron GoldThe U.S. Internal Revenue Service has finalized rules requiring certain brokers in decentralized finance to report on gross proceeds in …
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