Tag: IRS
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IRS grants temporary relief on crypto tax reporting rules amid legal challenges
The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors.The...
A16z is suing IRS over new DeFi rules
Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi...
Treasury and IRS finish broker rules for DeFi, require KYC from protocols
The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to...
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,...
