The Internal Revenue Service ended 2024 with new regulations on reporting cryptocurrency transactions, amendments for ...

Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for ...

The U.S. Internal Revenue Service (IRS) has provided temporary relief from a rule that would have automatically assigned a ...

The IRS delayed crypto tax rules to 2026, acknowledged the US tax system as voluntary, and mandated the FIFO method for ...

The IRS has introduced temporary tax relief for cryptocurrency investors navigating the complexities of centralized exchanges ...

Cryptocurrency holders interacting with centralized finance, or CeFi, exchanges in 2025 are benefitting from more flexible ...

Elon Musk, the billionaire entrepreneur and owner of social media platform X, recently posted a tongue-in-cheek message ...

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...

Senator Elizabeth Warren brought the heat ahead of Treasury Secretary nominee Scott Bessent’s confirmation hearing scheduled ...

Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...

The report, while highlighting positive strides made by the agency, also underscores areas that still require substantial ...