The United States Internal Revenue Service (IRS) issued regulations requiring brokers to report digital asset transactions, ...

With bitcoin's price hovering around $100,000, crypto is once again a hot topic for many investors. After recent ...

IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...

In a bold move to improve efficiency, Ango initiated the takeover of revenue collection for the FCT’s area councils by the FCT-IRS. This centralization effort is designed to minimize leakages and ...

My wife and I have been best friends since we were in our teens (we are 45 now). In 2008, before our friendship turned romantic, my wife was in a tight spot. She broke up with her boyfriend of eight ...

The U.S. Treasury Department and the Internal Revenue Service (IRS) released final broker reporting regulations with respect to DeFi on December ...

However, as 2024 wraps up and people begin looking at the upcoming tax season, there are some things to reduce how much of ...

Check your mail -- you might be receiving a stimulus payment of up to $1,400, according to the Internal Revenue Service.

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...

A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance ...

Section 305 of SECURE 2.0 added rules for self-correcting a new category of retirement plan errors under the Employee Plans Compliance ...

The IRS isn’t exactly known for its use of cutting-edge technology. The federal agency still accepts paper tax returns and ...