tax policy

Marisa Coppel, senior counsel at the Blockchain Association, advised Internal Revenue Service officials to narrow their crypto tax proposal. (Courtesy of the Blockchain Association)

Policy

Crypto Tax Proposal Open for Revision, IRS Officials' Questions Suggest

Federal officials heard Monday from the industry on the mayhem the U.S. crypto tax proposal could cause, but the most valuable revelations may have been what they asked about.

Marisa Coppel, senior counsel at the Blockchain Association, advised Internal Revenue Service officials to narrow their crypto tax proposal. (Courtesy of the Blockchain Association)

By Jesse Hamilton

Nov 13, 2023 at 8:20 p.m. UTC

Nov 13, 2023

RegulationsInternal Revenue Servicetaxestax policyTreasuryCoinbase

Sen. Richard Shelby (R-Ala.)

Markets

With Crypto Tax Rules, Conservatives Chose Tax Cheats Over Free Enterprise

One reason broken crypto rules passed the Senate today is that Republicans rejected another revenue source: the rich paying their fair share.

Sen. Richard Shelby (R-Ala.)

By David Z. Morris

Aug 10, 2021 at 5:49 p.m. UTC

Aug 10, 2021

tax policyOpinionTax EvasionRob PortmanInfrastructure Bill

Sen. Cynthia Lummis of Wyoming

Markets

The US Senate Goes to War Over Crypto Taxation

With two competing amendments and pressure from the White House and Treasury, crypto taxation is suddenly the crux of the massive infrastructure bill.

Sen. Cynthia Lummis of Wyoming

By David Z. Morris

Aug 6, 2021 at 5:34 p.m. UTC

Aug 6, 2021

IRSJanet Yellentax policyOpinionNewslettersCynthia LummisThe NodeKyrsten SinemaInfrastructure BillRon Wyden

irs

Markets

Inspector General: IRS Needs to Overhaul Bitcoin Tax Strategy

The US Internal Revenue Service needs to overhaul its strategy for bitcoin, an agency watchdog warned in a report published today.

irs

By Stan Higgins

Nov 8, 2016 at 7:21 p.m. UTC

Nov 8, 2016

IRSRegulationNewstax policy