New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers
Unpacking the IRS’ controversial new crypto tax regulation proposals.
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Nov 17, 2023 at 4:44 p.m. UTC
Nov 17, 2023
Tax Week 2023
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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...
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Nov 17, 2023 at 3:39 p.m. UTC
Nov 17, 2023
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Time Is Running Out for Crypto Leaders to Reason With the IRS
A united front is needed to oppose bad tax regulation.
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Nov 16, 2023 at 8:52 p.m. UTC
Nov 16, 2023
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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...
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Nov 16, 2023 at 3:03 p.m. UTC
Nov 16, 2023
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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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Nov 15, 2023 at 10:04 p.m. UTC
Nov 15, 2023
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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...
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Nov 15, 2023 at 3:58 p.m. UTC
Nov 15, 2023
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‘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.
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Nov 14, 2023 at 7:51 p.m. UTC
Nov 14, 2023
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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...
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Nov 14, 2023 at 4:42 p.m. UTC
Nov 14, 2023
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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...
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Nov 14, 2023 at 4:26 p.m. UTC
Nov 14, 2023
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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...
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Nov 14, 2023 at 4:03 p.m. UTC
Nov 14, 2023