December Deadline for “Digital Asset Safe Harbor” Approaching
The 2025 tax year will see a number of implementation changes for owners of digital assets. First, certain brokerages and exchanges will be
IRS Issues Final Cryptocurrency Regulations
After reviewing public comment, the IRS issued final regulations regarding the reporting requirements for brokers
Kraken to Release Crypto Transactions to IRS
Kraken announced, in order to comply with a court order, the exchange will provide information directly to the IRS surrounding certain users and transactions.
IRS to Issue Final Guidance on NFTs
In March, the IRS released Notice 2023-27, which announced the intention of issuing guidance related to the taxability of non-fungible tokens (NFTs).
IRS Warns Crypto Tax Enforcement Will Rise
The IRS released its 2022 Criminal Investigation Annual Report. In it, the Criminal Investigation division announced the implementation