The organization is unhappy with the tax agency’s stance on cryptocurrencies The Blockchain Association has filed a lawsuit against the Internal Revenue Service (IRS), challenging new regulations requiring detailed reporting
Tag: irs
IRS Not Giving Up On Controversial Cryptocurrency Staking Policy
The tax authority refuses to treat crypto staking rewards like it does similar property The IRS is maintaining its stance on the taxation of cryptocurrency staking rewards, sparking continued legal
IRS settles $24-billion FTX tax bill for $200 million
The taxman will still have to wait to receive the money from the failed crypto exchange FTX has reached an agreement with the US Internal Revenue Service (IRS) to settle
The IRS has reversed course on cryptocurrency tax rules for 2024
The tax authority isn’t going to force crypto users to comply with a new $10K rule The Internal Revenue Service (IRS) announced on January 16 that US businesses aren’t yet
The IRS and US Treasury have drafted their version of cryptocurrency regulations
The rules would cover brokers, but may signal an advance in crypto oversight in the US The Department of the Treasury and the Internal Revenue Service (IRS) released a proposal