Tax Week 2023

(Jesse Hamilton/CoinDesk)
New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers
Unpacking the IRS’ controversial new crypto tax regulation proposals.
(Jesse Hamilton/CoinDesk)

Federal Officials Hear From Industry on Crypto Tax Proposal Concerns
Federal Officials Hear From Industry on Crypto Tax Proposal Concerns
On Monday, federal officials heard from the industry on the mayhem the U.S. crypto tax plan could cause and a comment window is now closed. Many industry experts view this pro...
Federal Officials Hear From Industry on Crypto Tax Proposal Concerns

checkmate in staged chess game (GR Stocks/Unsplash, modified by CoinDesk)
Time Is Running Out for Crypto Leaders to Reason With the IRS
A united front is needed to oppose bad tax regulation.
checkmate in staged chess game (GR Stocks/Unsplash, modified by CoinDesk)

Tax Expert Breaks Down the Crypto Tax Basics for Beginners
Tax Expert Breaks Down the Crypto Tax Basics for Beginners
Jackson Hewitt Chief Tax Information Officer Mark Steber joins "First Mover" to break down the basics of crypto taxes and what new investors need to know before filing. Steber...
Tax Expert Breaks Down the Crypto Tax Basics for Beginners

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Congress Gets the Runaround From Regulators, Again
"If the broker rule proceeds as is, it will surely spell the near-total collapse of the crypto industry in the United States," writes Blockchain Association CEO Kristin Smith...
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globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)
The Global Movement to Promote Crypto Tax Transparency — What You Need to Know
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisio...
globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Crypto advocate Peter Van Valkenburgh argues the IRS' extended reporting requirements violate the First and Fourth Amendments. (Coin Center)
‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules
Peter Van Valkenburgh on why the crypto industry has responded with 120,000 comments to the controversial new tax regulations.
Crypto advocate Peter Van Valkenburgh argues the IRS' extended reporting requirements violate the First and Fourth Amendments. (Coin Center)

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The IRS and the Rising Cost of Crypto Tax Compliance
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” are set to benefit financi...
(Unsplash, modified)

U.S. Treasury Building (Nikhilesh De/CoinDesk)
What the IRS Gets Wrong About DeFi and Crypto in Its Latest Tax Reporting Proposal
Given the negative impacts of the so-called "broker rule" for many non-custodial and open platforms, clear congressional authorization is required before the Treasury could ex...
U.S. Treasury Building (Nikhilesh De/CoinDesk)

Proposal to Establish U.S. Tax Regime for Digital Assets Draws 120K Comments
Proposal to Establish U.S. Tax Regime for Digital Assets Draws 120K Comments
Over 120,000 comments have come in regarding an IRS proposal that maps out how crypto brokers and investors would report transactions to the agency. Kirk Phillips, who is the...
Proposal to Establish U.S. Tax Regime for Digital Assets Draws 120K Comments