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U.S. Treasury Department Officially Revokes Controversial Crypto Broker Reporting Rule After Republican Lawmakers Vote It Down

U.S. Treasury Department Officially Revokes Controversial Crypto Broker Reporting Rule After Republican Lawmakers Vote It Down

The Department of the Treasury is formally taking down a new rule that expanded the definition of a broker under the U.S. Tax Code. The rule titled...
Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule

Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to t...
IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

The U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax form might look like when it finishes its much-debated rul...
IRS Says Staking Rewards Are Subject to Taxes in Year the Investor Gets Control

IRS Says Staking Rewards Are Subject to Taxes in Year the Investor Gets Control

A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the in...