Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
Before beginning a jury instruction conference Monday, Madigan’s lawyers revealed that they want to call Solis’ longtime ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...
The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
The IRS isn’t exactly known for its use of cutting-edge technology. The federal agency still accepts paper tax returns and ...