Irs
US PARITY Act Pushes IRS to Study Crypto Tax Exemptions
The PARITY Act directs the IRS to evaluate de minimis crypto exemptions, targeting reduced tax burdens for small transactions. Here's what it means.
Kraken Pushes for Crypto Tax Reforms After Issuing 56M Forms in 2025
Kraken calls for US crypto tax reforms, including a de minimis exemption and changes to staking income rules, after issuing 56M tax forms in 2025.
Senate, IRS, and SEC Present Key Crypto Regulatory Updates
The U.S. Senate, IRS, and SEC have unveiled significant developments affecting the cryptocurrency market, including a market structure draft, staking tax guidance, and a project focusing on crypto framework.
U.S. Congress Moves to Overturn Crypto Tax Rules Amid Regulatory Shifts
U.S. Congress and regulatory bodies take significant steps in crypto legislation, including the repeal of IRS crypto tax rules and the establishment of a strategic bitcoin reserve.
Major Regulatory Developments in Crypto: BitMEX, IRS, and SEC Updates
Explore recent crypto regulatory developments including BitMEX's $100M fine, IRS rules on DeFi, and SEC actions impacting major players in the crypto space.
IRS Investigates Evolving Crypto Crimes with Advanced Strategies
Explore how the IRS Criminal Investigation unit tackles global crypto crimes with innovative strategies and international collaborations, as discussed in Chainalysis' podcast episode 145.
Benefits of Paying Independent Contractors in Cryptocurrency: Challenges and Solutions
Independent contractors face complex legal landscapes, including IRS and FLSA guidelines, and misclassification risks. Cryptocurrency payments like Rise offer anonymity, but clear contracts and accurate records are crucial.
IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions
The US IRS has introduced Form 1099-DA for cryptocurrency brokers to report digital asset transactions, aiming to improve compliance and ensure accurate tax reporting from digital assets starting January 1, 2025.
IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes
The US Internal Revenue Service (IRS) is bracing for an increase in crypto tax crime cases as taxpayers file their returns on April 15. IRS criminal investigation chief Guy Ficco predicts a rise in charged Title 26 crypto cases this year and beyond. While crypto has been associated with various financial crimes in the past, Ficco anticipates a surge in "pure crypto tax crimes" in the future.
Brazil's Tax Authority Cracks Down on Unreported Bitcoin Holdings
The Brazilian Federal Revenue Service identifies over 25,000 individuals with undeclared bitcoins, leveraging advanced technologies to enforce tax compliance in the cryptocurrency sector, signaling increased scrutiny and regulatory measures for crypto investors.