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Nalezeno "Crypto tax": 882

The Taxman Is Watching: Staying Ahead of the New Rules


The IRS recently introduced a new rule stating that investors must use wallet-based cost tracking. And it’s likely the first of many such changes around the world, says Robin Singh, founder and CEO of crypto tax platform Koinly

Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution 


Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against...

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion


Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades...

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