The proposed regulations would shift digital-asset reporting toward electronic-only delivery by loosening consent requirements for brokers.
IRS proposes rule allowing crypto exchanges to send tax forms only electronically, ending paper delivery requirements.
IRS proposes digital-only Form 1099-DA delivery, expanding crypto tax reporting requirements & increasing oversight of exchanges & investors.
The CFTC has withdrawn its 2020 guidance on the meaning of “actual delivery” for digital asset transactions, citing the need to reassess the guidance in light of evolving technology, market practices ...
The President’s Working Group on Digital Asset Markets recently issued a detailed report, titled “Strengthening American Leadership in Digital Financial Technology,” recommending regulatory and ...
Nik Fahrer, CPA, opened his session on digital assets at the AICPA National Tax Conference with five polling statements, including this one: “You really dislike the complexity of working with clients ...