2 / 5 Relevant items tagged with #Irs

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Treasury and IRS Announce Digital Asset Tax Reporting Regulations

[Jun 30, 2024 1:21 PM] The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the…

IRS Revises Digital Asset Question on Tax Forms

[Jan 24, 2024 8:30 PM] The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question to four additional tax forms. “The question must be answered by all taxpayers…

1 Way to Revive Dead NFT Wallets

[Nov 22, 2023 10:02 AM] Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.