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Internal Revenue Service

IRS issues new digital asset tax rules; industry groups sue

Finance

James Field

2 January, 2025

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

Business

James Field

14 August, 2024

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

Business

James Field

31 July, 2024

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

Business

James Field

23 April, 2024

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

Business

Steven Stradbrooke

16 April, 2024

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

Business

Steve Kaaru

5 March, 2024

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...

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James Field

15 Sep 2025

Internal Revenue Service

IRS issues new digital asset tax rules; industry groups sue

IRS updated digital asset tax form ditches wallet address, transaction ID requirements

US House passes bill combating terrorist, illicit financing via digital assets

IRS bares new digital asset reporting form for US taxpayers

IRS warns ‘crypto’ fans to include digital asset income on tax return … or else

IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise

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Philippine city adopts blockchain for governance pilot

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