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IRS
'Bruno Brock', Founder of Oyster Pearl, Gets 4 Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.
Coinbase Sounds Alarm on IRS Crypto Tax Proposal
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.
Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
Fears of the case being the start of a new assault on the industry may be overblown.
Sweeping U.S. Tax Proposal Met With Boos From Crypto World
Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements.
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
The latest tax guidance from the Internal Revenue Service outlines how and when staking rewards are taxed.
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.
