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…
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…
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…
blockchain industry Digital Chamber raises privacy concerns over IRS crypto tax draftBy CryptooTimesJune 22, 2024 The Chamber proposes adding a field to the form for brokers to indicate if a digital asset has a different…
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.
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…
