Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution
Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week
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Tax
US Congressman Buddy Carter introduces Fair Tax Act to abolish the IRS and replace US tax code
Key Takeaways The Fair Tax Act proposes replacing the US tax code with a national consumption tax and abolishing the
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IRS Crypto Tax Reporting Requirements Stir up Mass Confusion
Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in
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IRS delays crypto tax reporting rules to 2026
Key Takeaways The IRS has delayed crypto tax reporting requirements to January 1, 2026. The delay helps brokers prepare for
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IRS Doubles Down on Immediate Staking Rewards Tax Stance
The U.S. Internal Revenue Service (IRS) has reaffirmed its stance on the immediate taxability of staking rewards, doubling down on
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India Identifies 11 Crypto Exchanges Accused of Tax Evasion
India’s tax authority first began seizing assets to address alleged tax evasion late last year. Source link
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Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
When the IRS receives a copy of this 1099-B, it will see that you sold $50,000 of bitcoin on Cryptocurrency
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Indian Crypto Exchanges Met With Finance Ministry Officials to Seek Tax Reconsideration
“Uncertainty surrounding cryptocurrency regulations, limited knowledge of the capital market and a desire to maximize profits drove exchanges to innovate
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Blockchain Bites: Crypto Tax Switcheroo, Stablecoin Confusion, der postkapitalistische Sprung
Der Fintech-Riese Plaid hat stillschweigend Unterstützung für zwei DeFi-Anwendungen hinzugefügt. Der IRS möchte Informationen über Ihre Krypto-Bestände erhalten. Daten zeigen,
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