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IRS Says No Taxes on Gaming Cash, Crypto Regulation Remains Hazy


U.S. taxpayers have been freed from tax obligations on gaming transactions carried out with virtual cash, according to recent language modifications to the Internal Revenue Service (IRS) webpage. However, confusion still remains in the IRS tax regulations for real cryptocurrencies. The website...

Blockchain Group Asks IRS to Exempt Small Crypto Payments + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Tax news A blockchain trade group, the Wall Street Blockchain Alliance, asked the U.S. Internal Revenue Service (IRS) to exempt...

IRS Explains What Crypto Owners Must Know to File Taxes This Year


Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...

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