IRS Proposes Electronic-Only Crypto Tax Form Delivery Rule
TLDR The IRS has proposed a rule allowing crypto exchanges to deliver tax forms only through electronic channels. The proposal wou...
Bitcoin Demand Set to Surge as U.S. Introduces Federal Tax Payment in BTC
TLDR: U.S. taxpayers may soon pay federal taxes directly in Bitcoin, no capital gains tax applied. Bitcoin payments will flow into...
‘Bitcoin Jesus’ Roger Ver Pays $50M To Resolve U.S. Tax Dispute
TLDR: Roger Ver paid nearly $50M in taxes, penalties, and interest to resolve U.S. federal tax charges. Ver admitted willfully fai...
Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion in BTC
TLDR: Treasury and IRS interim guidance allow Strategy to exclude unrealized Bitcoin gains from CAMT liability. Strategy recently...
Crypto Taxes and IRS Struggles Take Center Stage in Senate Hearing
TLDR The U.S. Senate Finance Committee hearing focused on the challenges of regulating crypto taxes for both businesses and the IR...
Tornado Cash Co-Founder Goes Down for $1B Crypto Crime Ring
TLDR: Roman Storm found guilty of conspiracy to run an unlicensed money-transmitting business. Tornado Cash laundered $1B, includi...