The US Internal Revenue Service (IRS) has released a new draft of Form 1099-DA, removing the requirement for crypto investors...
IRS
Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t...
The final regulations defining the new reporting requirements for digital asset brokers were released by the US Treasury and IRS...
The Chamber of Digital Commerce, the world’s largest blockchain trade association, provided feedback to the US Internal Revenue Service on...
On August 29, 2023, the IRS issued proposed crypto reporting regulations (the “Proposed Regulations”), which we discussed in detail here. The...
The Internal Revenue Service (IRS) has recently hired two prominent figures from the digital asset industry. Their mission is to...
The opening days of 2024 have seen a resounding call echo across the far reaches of the cryptosphere: The IRS...
Businesses that fail to report receiving sums of at least $10,000 in crypto could face felony charges A sweeping new...
In 2024, the Internal Revenue Service (IRS) will enforce new regulations requiring detailed reporting of digital asset transactions exceeding $10,000....
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations...