irs

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Crypto Tax Pros Throw Cold Water on Staking Excitement
Recent media excitement over a lawsuit partially funded by the Proof of Stake Alliance (POSA) has caused confusion over crypto taxes, but experts say it's best to remain cautious.
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CoinDesk - Unknown
Crypto Analytics Tools 'Wave of the Future, Dude,' Judge Quotes Cult Film in $3.6B Bitcoin Seizure Case
A newly unsealed federal court opinion emphasized the role blockchain analytics played in helping law enforcement agents find and confiscate 94,000 bitcoins stolen from Bitfinex.
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CoinDesk - Unknown
Your Staking Rewards Are Still Taxable
The IRS’ recent decision to refund $3,200 to a Nashville couple does not protect staking rewards from future taxation. This piece is part of CoinDesk's Tax Week.
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CoinDesk - Unknown
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The IRS currently taxes cryptocurrencies generated through staking as income,
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CoinDesk - Unknown
A Crypto Wallet by Any Other Name…
“Unhosted”? “Self-hosted”? “Non-custodial”? What you call a crypto wallet may seem trivial but it has huge stakes for shaping public perception of cryptocurrencies – and, in turn, for regulation.
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CoinDesk - Unknown
Government Report Suggests Tightening Regulations on Crypto ATMs
The GAO said the machines are less regulated than crypto exchanges and transactions are more difficult to trace.
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CoinDesk - Unknown
How Crypto Losses Could Result in Tax Benefits
The IRS allows investors to take deductions on crypto losses that can reduce tax liabilities or even lead to a tax refund.
CoinDesk - Unknown

CoinDesk - Unknown
IRS Seized $3.5B in Cryptocurrency During Fiscal 2021
The seizures by the U.S. tax agency included $1 billion in crypto related to the darknet market Silk Road.
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CoinDesk - Unknown
President Biden Signs Infrastructure Bill Containing Crypto Broker Reporting Requirement Into Law
Sen. Cynthia Lummis and others are now attempting to narrow the scope of the law’s crypto broker clause with a separate bill.
CoinDesk - Unknown

CoinDesk - Unknown
Why Crypto Should Modify the Section 6050i Tax Change, Not Fight It
The amendment requires people engaged in “trade or business” to collect information about those who make purchases in excess of $10,000 using banknotes and coins.
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