IRS


Policy

It’s Tax Time Again. Do We Really Know What That Means for Crypto?

The IRS has provided little clarity on digital assets, and we shouldn’t expect additional information anytime soon.

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Opinion

What’s at Stake as Josh Jarrett Sues the IRS

The Proof of Stake Alliance advocates for staking rewards to be treated as property, not income.

(Eskay Lim/Unsplash)

Policy

Crypto Still Isn't Helping Russian Oligarchs Evade Sanctions

This feels like a perfect test case for crypto’s value proposition that has yet to materialize.

(Erwan Hesry/Unsplash)

Videos

Is the IRS Exploring NFTs as a Tax Revenue Source?

Nik De, CoinDesk managing editor for Global Policy and Regulation, joins “First Mover” to provide the latest update in an ongoing lawsuit against the Internal Revenue Service regarding income taxes for staked cryptocurrency on the Tezos blockchain. Plus, a discussion on whether the IRS could be looking into NFTs for tax revenue, and why Ukraine’s minister for Digital Transformation canceled the proposed crypto airdrop.

Recent Videos

Policy

US Tax Agency Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund, Demanded Trial

The Internal Revenue Service argues Joshua and Jessica Jarrett had no right to refuse the refund of almost $4,000, which was paid, and therefore the case should be dropped.

(Douglas Sacha/Getty Images)

Opinion

5 Essential Questions About Crypto Taxes

As crypto has grown more popular, an increasing number of investors are puzzling over their tax obligations. The co-founder of a smart tax platform addresses five questions they are likely to face.

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Videos

Bitcoin Mining Can Generate Significant Tax Revenue

As part of CoinDesk’s Tax Week coverage, Research Analyst George Kaloudis shares insights on how the IRS can collect tax revenue from crypto miners.

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Opinion

What You Need to Know About Taxes Before You Claim Your Next Airdrop

Investors receiving airdrops should be aware of the tax implications of their newly earned tokens to avoid unwelcome surprises from the IRS.

Did you pay taxes on that airdrop? (Pixabay)

Opinion

Why We Still Need Guidance on Staking Rewards Taxation

A tax consultant and CPA analyzes the recent decision by the IRS to refund $3,200 to the Tennessee couple taxed on their Tezos staking rewards. This piece is part of CoinDesk's Tax Week.

(Pixabay, modified by CoinDesk)

Opinion

FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto

For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion. This post is part of Tax Week.

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