Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
Before beginning a jury instruction conference Monday, Madigan’s lawyers revealed that they want to call Solis’ longtime ...
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...
The IRS isn’t exactly known for its use of cutting-edge technology. The federal agency still accepts paper tax returns and ...
About one million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the weeks ahead. The payments are for those who didn’t claim a Recovery Rebate Credit on ...