The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.
Category: IRS
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The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls […]
The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker […]
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors […]
The presidential hopeful gave Bitcoin eloquent praise as a future support for the US economy and way to fix broken […]
Two former executives of Tether-backed German tech company Northern Data have filed suit against the firm, alleging that they were […]
The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi […]
The Washington DC-based blockchain advocacy group argued the IRS’ broker rule provisions violate the Paperwork Reduction Act.
A federal judge took steps to end a protracted dispute between FTX and its largest creditor at a bankruptcy hearing, […]