Tag: IRS
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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,...
$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...
