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The Internal Revenue Service (IRS) has announced a new mandatory reporting system for digital asset transactions, set to take effect in 2025.

The Internal Revenue Service (IRS) has issued a temporary relief measure to address potential tax complications for cryptocurrency holders using centralized finance (CeFi) brokers in 2025.

The IRS has introduced a new rule that will significantly impact the decentralized finance (DeFi) landscape.

Josh Jarrett, a Tezos blockchain staker, and his partner Jessica have filed a second lawsuit against the Internal Revenue Service (IRS) challenging the agency's treatment of cryptocurrency block rewards as income.

The IRS has recently introduced new regulations aimed at streamlining the income tax return process for cryptocurrency investors. These updates, set to take effect in the fiscal year 2025, promise to enhance clarity and reduce the administrative burden associated with reporting digital asset transactions.

The U.S. Internal Revenue Service (IRS) has introduced a new draft of Form 1099-DA, aiming to streamline the reporting process for digital asset transactions. This revision marks a significant shift from earlier drafts, addressing privacy concerns and simplifying tax compliance for investors in the growing digital asset market.