
Internal Revenue Service
IRS issues new digital asset tax rules; industry groups sue
The new IRS rules will take effect in 2027, but brokers must begin collecting and reporting the necessary data for...
IRS updated digital asset tax form ditches wallet address, transaction ID requirements
Apart from dropping the submission of wallet addresses and transaction IDs, the IRS will no longer require investment time transactions...
US House passes bill combating terrorist, illicit financing via digital assets
If made law, the Financial Technology Protection Act would establish a working group of key government departments, agencies, and experts...
IRS bares new digital asset reporting form for US taxpayers
Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell...
IRS warns ‘crypto’ fans to include digital asset income on tax return … or else
Partnering with Chainalysis, the IRS insisted on the need for digital asset sales to be reported on businesses' tax returns,...
IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise
The IRS has hired Sulolit “Raj” Mukherjee, formerly with Coinbase and Binance.US, where he led tax compliance efforts, and ex-TaxBit...