The Internal Revenue Service (IRS) of the United States has unveiled ... issues during tax season and ensure compliance with ...

You can start this week. Under the new regulations, crypto trading platforms will be mandated to issue the new IRS Form 1099-DA to investors and the IRS showing “gross proceeds on the sale of ...

Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden administration’s ...

As the landscape of digital payments continues to evolve, the Internal Revenue Service (IRS) is implementing new regulations that will impact users of popular virtual wallets like Venmo and Cash App.

On January 3, 2025, the IRS and Treasury issued long ... as to the implementation of the 45V Final Regulations under the incoming administration and new Congress, which we will address in a ...

The U.S. Department of the Treasury and the Internal Revenue Service (the IRS) have finalized new regulations targeting DeFi brokers, compelling them to adopt Know Your Customer (KYC) procedures ...

Some changes were integrated into the final regulations, while others will be addressed in new proposals. On July 19, 2024, ...

Blockchain Association files lawsuit to counter the IRS The initial IRS directive was met with market-wide dissatisfaction, with traders objecting to the regulations. In response to their ...

New executive orders have already had an impact on the IRS. The last Trump administration placed limits on new federal regulations, and the IRS has been active since the November election in ...

The Internal Revenue Service (IRS ... regulations. You may also like: Can AI be Your RMD Guru? RMD Refresher: When to Take ...