The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
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IRS on the Chopping Block: Rep. Buddy Carter’s Vision for a Fairer America
Rep. Buddy Carter (R-GA) has introduced the Fair Tax Act, a sweeping proposal to dismantle the federal tax code, abolish the IRS, and replace it
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IRS Crypto Tax Reporting Requirements Stir up Mass Confusion
Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced
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IRS Issues Crypto Relief – Here’s How to Avoid Higher Taxes in 2025
The IRS will allow crypto holders on centralized exchanges to bypass strict tax regulations in 2025, preserving flexibility in reporting and tracking digital asset sales.
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Crypto Industry Strikes Back: Lawsuit Challenges ‘Unconstitutional’ IRS Regulations
The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules
Read moreDeFi has 3 options if IRS rule isn't rolled back — Alex Thorn
The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.
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