Internal Revenue Service
Cynthia Lummis digital asset tax bill seeks capital gain reforms
Cynthia Lummis submitted digital asset tax rules that would provide exemptions on gains from digital asset transactions and digital asset...
US tax challenges for Bitcoin miners: A call for commodity-style reform
Aligning U.S. Bitcoin’s tax treatment with commodities could help miners scale operations, strengthen balance sheets, and maintain global competitiveness.
This Week in Crypto: Trump’s crypto reserve, a missed opportunity?
The cryptocurrency markets continued their descent this week, with prices across the board falling amidst unmet expectations in the industry.
US progress bill to repeal controversial digital asset tax rule
The IRS regulation intends to include decentralized exchanges and requires brokers to disclose gross proceeds from digital asset sales.
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...
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