Tag: IRS

0 27
Posted in Crypto Update

US lawmakers urge IRS to implement crypto tax reporting requirements before 2026

Seven members of the United States Senate have called on the Treasury Department and Internal Revenue Service…

0 32
Posted in Crypto Update

US Treasury, IRS propose cryptocurrency regulations for brokers

Two federal agencies of the United States — the Department of the Treasury and the Internal Revenue…

0 36
Posted in Crypto Update

IRS releases draft of proposed reporting rules for digital asset brokers

The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on…

0 29
Posted in Crypto Update

Crypto staking rewards are taxable once received: IRS

United States crypto investors must report crypto staking rewards as gross income in the year it was…

0 44
Posted in Crypto Update

Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report

Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed…