Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
Fears of the case being the start of a new assault on the industry may be overblown.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5ZBNKN2G4VHZPPBSLBNIS2I4GA.jpg)
Sponsored
Aug 30, 2023 at 12:00 a.m. UTC
Aug 30, 2023
IRS
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4R3NA7XCPRHC7OH3Y5EI256OHQ.jpg)
Sweeping U.S. Tax Proposal Met With Boos From Crypto World
Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”
Sponsored
Aug 25, 2023 at 3:23 p.m. UTC
Aug 25, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SJITHJ7AHNF35G4YYFPSGTVOVA.jpg)
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements.
Sponsored
Aug 25, 2023 at 12:45 p.m. UTC
Aug 25, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6ZMQJ26ORJAJBD6J6EKEOBY3YU.jpg)
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.
Sponsored
Aug 7, 2023 at 4:29 p.m. UTC
Aug 7, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YKDAN2MF7JEJ5LQ2P6RBJS6R2M.jpg)
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
The latest tax guidance from the Internal Revenue Service outlines how and when staking rewards are taxed.
Sponsored
Jul 31, 2023 at 9:53 p.m. UTC
Jul 31, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/N4MRAZPS3BGNJCIZB44L3MHQK4.jpg)
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.
Sponsored
Jul 12, 2023 at 8:50 a.m. UTC
Jul 12, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/I2WKKXYIHBERZPVF4SELDXPX74.jpg)
Court Orders Kraken to Turn Over History Transaction and Account Information to IRS
The IRS first filed a court petition in February.
Sponsored
Jun 30, 2023 at 9:29 p.m. UTC
Jun 30, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IPTJIMKLR5FVLFK5YY2JEHRMWM)
IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly
The IRS Criminal Investigation division is supporting Ukrainian investigators by providing blockchain analysis tools.
Sponsored
May 11, 2023 at 5:20 p.m. UTC
May 11, 2023
:format(webp)/cdn.jwplayer.com/v2/media/y7dsg5KI/poster.jpg)
IRS Files Claims Worth $44B Against FTX Bankruptcy
The U S Internal Revenue Service IRS has filed claims worth nearly 44 billion against the estate of Sam Bankman Fried's bankrupt crypto exchange FTX and its affiliated entities The largest claims include a 20 4 billion and a 7 9 billion claim against Alameda Research LLC and two claims totaling 9 5 billion against [...]
Sponsored
May 11, 2023 at 3:19 p.m. UTC
May 11, 2023
U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.
Sponsored
May 10, 2023 at 7:05 p.m. UTC
May 10, 2023