Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.

The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect ...

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

Biden and congressional Democrats gave the IRS $80 billion in the 2022 Inflation Reduction Act, but Congress rescinded $20 ...

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...

IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...

Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.

KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.

It is the last Friday of 2024, so naturally there's a 115-page Internal Revenue Service final rule to dig through. The ...

The fantasy that some political actors painted of armed IRS agents going door-to-door clawing away families’ hard-earned cash ...

The IRS introduces new crypto tax guidelines, requiring DeFi brokers to report detailed transaction data via Form 1099-DA by 2027.