taxes
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Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets
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DC AG Brian Schwalb said the case is the “largest income tax fraud recovery” in DC history
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In this edition: Analyzing the SEC’s market impact, the 13F ETF tell-all and FTX generating bipartisan unity in Congress
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Treasury on Monday released its 2025 revenue proposals, known as the “Greenbook,” detailing many of the same plans it unveiled last year
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There are fresh reporting requirements for crypto, but the Treasury says businesses get a pass until they can finalize the new rules
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The platforms allow collectors to offload their low-value NFTs to reduce capital gains tax liability
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After Thursday’s JTO airdrop causes a frenzy in crypto markets, accountants remind traders that they need to claim their new assets as income, even if they never sell
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In a call with reporters Monday, division chief Jim Lee said that crypto-related tax evasion cases are mounting
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Their current stance is a half-baked attempt that could stifle innovation and burden an emerging industry
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Accountants and exchanges have started to parse through the new IRS tax proposals and decipher what they could mean for investors and the future of the industry
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Accountants say anyone trading on the popular app should expect to report their activities and profits to the IRS
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Non-regulated exchanges operating in Ukraine are said to have amassed $445 million in trading fees over 10 years, leading to losses in tax revenue for the state
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A group of Democratic senators have asked the Treasury and IRS to speed up their rulemaking process for crypto tax policy
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Crypto rewards must be included in income once the taxpayer gains control over them, the IRS ruled
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The bill will reduce taxes on the sale of cryptocurrencies held for at least 12 months from as much as 25% down to 7%
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A Coinbase user had attempted to argue the IRS violated his constitutional rights when it sought his trading data
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Lummis originally made critical comments of the Biden Administration’s tax on bitcoin miners at Bitcoin Miami, but retweeted an article summing up her views on Thursday
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Businesses should take a look at their product offerings and think proactively about what regulators might start enforcing soon
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