Business expense categories are a systematic classification of costs incurred during the operation of a business, designed to organize and track financial outflows for...
A new tax legislation, the Infrastructure Investment & Jobs Act, ratified in late 2021, now requires individuals or businesses obtaining at least $10,000 in...
New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2.According to CoinCenter, those new...
The intimate conversation between two prominent crypto-sector thought leaders provided a comprehensive snapshot of how far the U.S. financial technology regulatory discussion has come....
Nasdaq-listed cryptocurrency exchange Coinbase has argued that a recent proposal from the U.S. Internal Revenue Service (IRS) could pose a risk to the cryptocurrency...
In August, the Treasury Department published its nearly 300-page proposed rule, meant to finally comply with the 2021 Infrastructure Investment and Jobs Act. It...
A group of seven U.S. Senators, including prominent figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury Secretary Janet Yellen and IRS...
illustration, a visual representation of digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin is displayed on February 16, 2018 in Paris, France....
Cryptocurrencies
have emerged as a transformational force in the financial world, changing the
way we think about money and investing. However, the rapid emergence of
cryptocurrencies has...
The U.S. Treasury Department and Internal Revenue Service just published a proposal that would set new guidelines on what crypto brokers must report for...