This week, there’s been some big news for U.S. based crypto projects. Eric Trump confirmed that U.S.-based projects like XRP and HBAR will eventually benefit from zero capital gains tax, while non-U.S ...
Starting in 2025, crypto transactions, including Bitcoin, will be subject to third-party reporting. Custodial platforms, ...
In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns ...
IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini.
The IRS recently introduced a new rule stating that investors must use wallet-based cost tracking. And it’s likely the first ...
IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' ...
Pro-XRP attorney John Deaton recently outlined his vision for critical crypto policies that the White House Crypto Council ...
The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to ...
Key takeawaysSelling, trading, mining and using Bitcoin for purchases are all taxable under most jurisdictions. Accurate ...
Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for ...