Search results for: Tax reporting

13 results found

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    Bitcoin extends rally, AbbVie earnings beat, Phillips 66 miss
    As part of today's Market Minute, Julie Hyman examines some of the top stories investors are watching. Bitcoin (BTC-USD) climbs above the $95,000 mark as investors weigh macroeconomic uncertainties. A ...
    by tjub 14 hours ago | Bitcoin | 0 comments
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    Congress nullifies IRS crypto reporting regulations for DeFi platforms
    President Trump signed legislation nullifying IRS reporting requirements for decentralized digital asset brokers. Centralized exchanges, payment processor and certain token issuers remain subject to F ...
    by tjub 4 days ago | DeFi | 0 comments
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    DeFi Tax Uncovers Systemic Failures in Crypto Tax Reporting Leaving Millions of U.S. Taxpayers at Risk Ahead of New IRS 1099-DA Regulations
    SHERIDAN, Wyo., April 23, 2025 (GLOBE NEWSWIRE) — A multi-year investigation by crypto tax experts revealed pervasive, critical flaws in the current crypto tax reporting ecosystem in a newly publi ...
    by tjub 4 days ago | DeFi | 0 comments
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    Congress Overturns IRS Reporting Rules for DeFi Platforms
    President Trump has signed into law a bill that repeals Internal Revenue Service (IRS) regulations that required decentralized finance (DeFi) platforms to be tr ...
    by tjub 4 days ago | DeFi | 0 comments
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    Congress Repeals Digital Asset Regulations Applicable to Decentralized Finance Platforms | JD Supra
    In a January 27 client alert, we discussed final regulations issued on December 30, 2024, covering tax reporting requirements applicable to certain... ...
    by tjub 5 days ago | DeFi | 0 comments
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    DeFi Technologies Refiles Q2 2024 and Q3 2024 Interim Financial Statements
    /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company focused on... ...
    by tjub 10 days ago | DeFi | 0 comments
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    Man Pleads Guilty to Submitting False Tax Returns Tied to $13M CryptoPunks Sales - Decrypt
    Waylon Wilcox sold millions in CryptoPunks NFTs but told the IRS he hadn’t touched digital assets. Now he’s facing prison time. ...
    by tjub 10 days ago | NFTs | 0 comments
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    Trump signs resolution overturning IRS DeFi broker rule
    Trump repeals IRS DeFi broker rule, nullifying crypto data reporting requirements for decentralized platforms and safeguarding privacy. ...
    by tjub 10 days ago | DeFi | 0 comments
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    Trump Becomes First President to Sign Crypto Bill Into Law, Ending Anti-DeFi IRS Rule - Decrypt
    The Biden-era rule would have obligated DeFi platforms to comply with tax reporting requirements designed for brokers. ...
    by tjub 10 days ago | DeFi | 0 comments
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    Pennsylvania Man Who Made Millions Flipping NFTs Faces Charges After IRS Investigation | NFT Tax | CryptoRank.io
    A Pennsylvania resident has pleaded guilty to federal charges after failing to report millions in earnings from trading non-fungible tokens (NFTs). The post ...
    by tjub 10 days ago | NFTs | 0 comments
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    Trump signs resolution to reverse DeFi tax reporting rule | Digital Watch Observatory
    The IRS rule, designed to enforce crypto tax compliance, faced backlash from the DeFi industry due to its technical challenges. ...
    by tjub 10 days ago | DeFi | 0 comments
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    Trump Signs Historic Crypto Bill, Overturns DeFi IRS Rule in First Presidential Move
    President Trump signed the first-ever crypto-related bill into U.S. law, repealing the IRS’s DeFi Broker Rule. ...
    by tjub 10 days ago | DeFi | 0 comments
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    Semler Plans To Buy More Bitcoin Despite Reporting Huge Losses Following Strategy’s Risky Playbook
    Semler Scientific is doubling down on its Bitcoin treasury bid and is looking to bag even more amid a $500 million securities offering. ...
    by tjub 10 days ago | Bitcoin | 0 comments