irs


IRS Lets Qualifying Crypto Trusts Stake Assets Without Losing Tax Status

Crypto - Published date: .

The U.S. Internal Revenue Service has updated its safe harbor allowing qualifying investment and grantor trusts to stake... Read more

US Lawmakers Urge IRS To End Double Taxation On Crypto Staking Before 2026

Crypto - Published date: .

18 bipartisan U.S. House lawmakers have urged the Internal Revenue Service to reexamine the country’s taxation laws on... Read more

IRSs Top Crypto Executive Trish Turner Resigns After Brief Tenure

Crypto - Published date: .

Trish Turner has stepped down from her position leading the Internal Revenue Service’s crypto division. This is after ... Read more

IRS Crypto Letters Spike Over 750% As Enforcement Wave Looms, CoinLedger Warns: Report

Crypto - Published date: .

U.S. crypto investors are receiving IRS warning letters at a dramatically higher rate, with CoinLedger reporting a 758% ... Read more

Ted Cruz To Challenge IRS Crypto Rule: Report

Crypto - Published date: .

Senator Ted Cruz of Texas is preparing to challenge a newly finalized IRS cryptocurrency regulation using the Congressio... Read more

DeFi Proponents To Fight US IRS Tax Code

Crypto - Published date: .

The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with ... Read more

Bitcoin Mixer Operator Sentenced To 3 Years For Laundering Over $300m

Crypto - Published date: .

Larry Harmon, an Ohio resident, has been sentenced to three years in prison for laundering more than $300 million worth ... Read more

IRS Unveils New Crypto Tax Rules: Are They A Good Thing?

Crypto - Published date: .

While industry advocates have welcomed the finalized crypto tax measures after years of wrangling, messy deliberations a... Read more