cryptocurrency IRS lightens crypto reporting requirements for tax filingsBy CryptooTimesAugust 11, 2024 The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and…
IRS IRS Shares New Crypto Tax Form, Invites Industry InputBy CryptooTimesAugust 9, 2024 The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors…
Bitcoin RFK Jr. promises BTC strategic reserve, dollar backed by hard assetsBy CryptooTimesJuly 27, 2024 The presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken…
IRS Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging FraudBy CryptooTimesJuly 5, 2024 In their recently unsealed California lawsuit, the two executives – Joshua Porter and Gulsen Kama – allege that Northern Data…
features Are they a good thing?By CryptooTimesJuly 4, 2024 While industry advocates have welcomed the finalized crypto tax measures after years of wrangling, messy deliberations about non-custodial providers still…
IRS IRS reveals final regulations for crypto broker rulesBy CryptooTimesJune 28, 2024 The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.
IRS U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-CustodiansBy CryptooTimesJune 28, 2024 The IRS said it tried to avoid some burdens on users of stablecoins, especially when used to buy other tokens…
AML Blockchain Association objects to IRS broker rule in letterBy CryptooTimesJune 22, 2024 The Washington DC-based blockchain advocacy group argued the IRS’ broker rule provisions violate the Paperwork Reduction Act.
Crime Hackers threatening to release sensitive data: should you be concerned?By CryptooTimesJune 8, 2024 Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions…
ftx FTX agrees settlement in $24b IRS tax caseBy CryptooTimesJune 5, 2024 FTX agreed to pay the Internal Revenue Service (IRS) $885 million to settle a $24 billion tax claim the agency…
