IRS

1 min read

IRS reveals final regulations for crypto broker rules

10 months ago bitnews

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.Source: CoinTelegraph

1 min read

Treasury and IRS Finalize Broker Rule, Defers DeFi Decision

10 months ago bitnews

The US Department of the Treasury and the Internal Revenue Service (IRS) have released new tax guidelines for cryptocurrency brokers,...

1 min read

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

10 months ago bitnews

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi...

1 min read

Blockchain Association objects to IRS broker rule in letter

10 months ago bitnews

The Washington DC-based blockchain advocacy group argued the IRS' broker rule provisions violate the Paperwork Reduction Act.Source: CoinTelegraph

1 min read

Digital Chamber Flags Privacy Concerns In IRS Digital Asset Tax Draft

10 months ago bitnews

The Digital Chamber has submitted its feedback on the Internal Revenues Service (IRS) draft 1099-DA released on April 18. The...

1 min read

Blockchain Association Critiques IRS’s Proposed Broker Rule

10 months ago bitnews

The Blockchain Association submitted a comment letter under the Paperwork Reduction Act (PRA) in response to the proposed broker rule...

1 min read

Consensys Urges IRS to Delay New Crypto Tax Reporting Regulations

10 months ago bitnews

In April, the IRS released an early version of Form 1099-DA, which is part of the tax reporting rules proposed...