The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to ...
The IRS recently introduced a new rule stating that investors must use wallet-based cost tracking. And it’s likely the first ...
The IRS will require centralized trading platforms to report users' crypto transaction information to the tax department ...
In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns ...
IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' ...
US crypto tax rules begin in 2025, requiring exchanges to report transactions to the IRS. Trump’s pro-crypto stance sparks industry optimism.
Starting in 2025, crypto transactions, including Bitcoin, will be subject to third-party reporting. Custodial platforms, ...
Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for ...
the IRS will notice because it will have the information in hand and use it to assess your tax obligation. When it comes to cost basis — which is the price at which you buy a crypto asset and is ...
Learn how Bitcoin investors can avoid tax fraud with this comprehensive guide on taxable and non-taxable transactions, global ...