New Rules On Taxes For Crypto: The IRS Simplifies The Income Tax Return
The IRS has recently introduced new rules to simplify the income tax return and taxes for crypto investors. These changes promise to make.
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IRS Simplifies Crypto Tax With New 1099-DA Draft
The IRS’s new 1099-DA draft simplifies crypto tax reporting by addressing privacy concerns and streamlining requirements for brokers and investors. The US Internal.
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IRS Removed Request For Digital Wallet Addresses From Updated Crypto Brokerage Tax Form, Form 1099-DA
The IRS seems to have updated its crypto brokerage tax form, Form 1099-DA, to remove requests for digital wallet addresses, among other information..
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IRS Reveals Final Draft For Crypto Broker Requirements
The Internal Revenue Service (IRS) did not include decentralized exchanges or self-custodial wallets under its crypto broker reporting requirements. The United States Internal.
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IRS: Report Crypto Trades Over $10K Or Face Jail
IRS proposed a new tax law, which requires crypto traders to report crypto trades over $10k or go to jail, isn’t this complicated? .
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IRS Demands $24 Billion In Unpaid Taxes From FTX
FTX says IRS demand for $24 billion in unpaid taxes and this is delaying recovery of user funds. FTX lawyers are asking the.
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IRS Official: US Tax Evasion Cases Involving Cryptocurrency Surged In 2023
On December 4, the Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of cases.
Blockchain News
Crypto Staking Rewards are Taxable Once Received: IRS
The United States’ top tax authority, the Internal Revenue Service (IRS), issued a new ruling that mandates crypto investors to report staking rewards.
Crypto News
Ukraine Seeks to Trace Illicit Crypto Transactions With American Help
The United States Internal Revenue Service (IRS) has reportedly provided advanced training to Ukrainian law enforcement officials to help uncover illegal cryptocurrency transactions.