IRS issues temporary relief on crypto cost-basis method changes
The United States Internal Revenue Service (IRS) has issued a temporary relief for a rule that would have defaulted crypto ...
Crowdfund Insider9h
Here are the New IRS Rules for Digital Assets and “Brokers,” Treatment of DeFi
The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect ...
Vitalik Buterin donates $170K to Tornado Cash developers’ legal fund
Vitalik Buterin donated 50 Ether toward a project to support the legal defense of two Tornado Cash developers: one convicted ...
Chief Counsel Advice Memo Discusses Frozen Rewards On Digital Asset Platforms
The IRS released CCA memorandum concerning frozen digital asset rewards. The issue was about the year of inclusion of such ...
JD Supra13h
IRS Broker Rule for Digital Assets Faces Constitutional Challenge From Industry Leaders
Three digital asset organizations have jointly filed a lawsuit challenging the Internal Revenue Service’s (IRS) new digital asset broker ...
Accounting Today14h
IRS finalizes regs for De-Fi tax reporting
The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for ...