The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by ...
Elon Musk joked about IRS crypto taxation, raising questions about digital asset tax policies and gaining attention from the crypto community. Musk’s post led to a price surge in CumRocket (400%), ...
In June, the US Treasury Department's IRS established a new tax regime for crypto transactions and delayed rules for DeFi and non-hosted wallet providers. In August, the IRS shared a revised 1099-DA ...
IRS issues temporary relief for 2025, allowing crypto holders using centralized exchanges more flexibility in accounting methods. Crypto users can use own records or crypto tax software for 2025 ...