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IRS’ Crypto Leads Are Leaving the Agency After Accepting DOGE Deals

The IRS misplaced two key administrators engaged on crypto initiatives, Seth Wilks and Raj Mukherjee, on Friday after they accepted deferred resignation affords...

The SEC Can Learn From the IRS in Making Regulation Simpler for Crypto

In February, the Division of Authorities Effectivity (DOGE) started soliciting public enter pertaining to the U.S. Securities and Alternate Fee (SEC) — a...

IRS Cracks Down: Pennsylvania Trader Evaded $3.3M Taxes on NFT Sales

A Pennsylvania NFT dealer faces as much as six years in...

Pennsylvania Man Who Made Millions Flipping NFTs Faces Charges After IRS Investigation

A Pennsylvania resident has pleaded responsible to federal prices after failing to report tens of millions in earnings from buying and selling non-fungible...

U.S. House Votes to Overturn IRS DeFi Broker Rule

A majority of lawmakers within the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring...

IRS Shares New Crypto Tax Form, Invites Industry Input

The U.S. Inside Income Service (IRS) has launched an up to date draft model of the tax kind crypto brokers and buyers will...

Court Orders Kraken to Turn Over History Transaction and Account Information to IRS

In accordance with Friday's order, Kraken should flip over data for customers who transacted with greater than $20,000 over the course of a...

IRS Sheds Light on NFT Taxation: A Comprehensive Guide

With the rising reputation of NFTs, it was solely a matter of time earlier than governments and regulatory our bodies would take discover....

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