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IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule


The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified...

The Coming Crypto Tax Bomb


There’s a growing mismatch between how taxpayers think crypto taxes work and how the IRS now expects them to be handled, says Justin Zanardi, general manager at Countonsheep.com

Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant


The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s...

Crypto Tax Crackdown Looms as IRS Warning Letters Surge


The Internal Revenue Service (IRS) has significantly increased the number of warning letters sent to crypto investors, causing anxiety among users. This uptick is seen as a precursor to a broader enforcement initiative, especially with new 1099-DA regulations set to take effect next year. Looming...

14,000 Crypto Accounts Swept Into IRS Data Grab—Will the Supreme Court Act?


The Supreme Court is being urged to dismantle a controversial IRS tactic that allowed warrantless data grabs from 14,000 crypto users, redefining privacy rights for the digital age. Mass IRS Record Seizure Hits 14,000 Crypto Users—Can the Supreme Court Push Back? A constitutional showdown over...

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