The IRS delayed crypto tax rules to 2026, acknowledged the US tax system as voluntary, and mandated the FIFO method for ...
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...
The IRS has introduced temporary tax relief for cryptocurrency investors navigating the complexities of centralized exchanges ...
The IRS continues to issue guidance for crypto tax preparers . . Toward the tail end of 2024 the IRS released the ...
The U.S. Internal Revenue Service (IRS) has provided temporary relief from a rule that would have automatically assigned a ...
However, since cryptocurrency is a type of investment, when you spend the crypto, you earn with a card, it triggers a taxable ...
to the IRS on Form 1099-DA. The regulations are intended to treat DeFi brokers the same as custodial platforms for tax reporting purposes, but they have stirred controversy among the crypto community.