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Tag: IRS

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Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders

The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress on...

US Treasury and IRS finalize crypto broker tax reporting rules

The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28.Crypto brokers, including exchanges,...

$1 billion in EV tax credits issued upfront to buyers, say Treasury, IRS

Halfpoint Images | Moment | Getty ImagesThe federal government has issued more than $1 billion in tax credits as an upfront cash incentive...

Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams

IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS...

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