Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for ...

The delay in crypto tax reporting requirement until the start of 2026, would give time for brokers to adapt to the new ...

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by ...

The U.S. Treasury Department and the Internal Revenue Service (IRS) released final broker reporting regulations with respect to DeFi on December ...

Small businesses and freelancers using payment platforms like Venmo and PayPal will face new IRS reporting requirements this tax season, with income thresholds gradually decreasing over the next ...

Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report payments of $5,000 and ...

The IRS delayed this new reporting requirement in 2022 and again ... and instead is used as a way to transfer money between bank accounts. If you are paid for your freelance or small business ...