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IRS CRYPTOCURRENCY REPORTING
AI is changing how Americans file taxes in 2025 — 3 risks you should know before filingArtificial intelligence is changing how Americans file taxes in 2025. Many tax platforms now use AI assistants to help people organize docu...
IRS crypto tax explained: IRS says Bitcoin (BTC USD), NFTs and Stablecoin income is taxable - here's what traders need to knowIRS crypto tax reporting rules: The IRS is reminding taxpayers to report all cryptocurrency and NFT income on their 2025 federal tax return...
Traded or sold crypto? These are the moments that trigger a tax bill from the IRSCrypto taxes explained: Cryptocurrency transactions, even simple swaps between digital assets, can trigger IRS taxes. Profits from selling ...
New IRS IRA limits drop — see how rich you would be if you saved this much annuallyIra contribution limit 2026 $7,500: The IRS has announced the 2026 IRA contribution limit will be $7,500. Saving this amount monthly could ...
IRS Schedule 1-A explained: How to claim tax breaks for tips, overtime, car loans, and seniorsIRS: The IRS is introducing Schedule 1-A for 2025 tax returns, offering new deductions for qualified tips, overtime pay, car loan interest ...
Donald Trump signs bill to nullify expanded IRS crypto broker rulePresident Trump signed a law overturning an IRS rule that classified decentralised crypto exchanges as brokers. The crypto industry argued ...
Valentine's Day scams exposed: How Facebook and Instagram romance fraud is trapping victims worldwide & how to protect yourselfValentine's Day scams are on the rise, especially on Facebook and Instagram, where fraudsters create fake profiles to trap victims. These r...
US Treasury finalises new crypto tax reporting rulesThe new tax reporting requirements for crypto brokers aim to improve accuracy, ensuring that crypto owners pay the tax owed on digital asse...
Amid crypto turmoil, US senators propose sweeping oversightThe bill unveiled Tuesday called the Responsible Financial Innovation Act proposes legal definitions of digital assets and virtual currenci...
Do you have to report cryptocurrency investments as foreign assets in your income tax return?As per current laws, there is no clarity on whether crypto holdings are classified as Indian or foreign assets. In case it is the latter, t...
View: Whatever bitcoin’s failings, the blockchain technology underpinning it is a marvelRegulators have legitimate concerns, but should also recognise the benefits that could accrue from such technological innovations catalysed...
Explainer: How does cryptocurrency fit into infrastructure bill?One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requireme...
Top cryptocurrency prices today: Bitcoin, Etheruem and Uniswap gain up to 10%The global crypto market cap declined to $1.84 trillion, about 5 per cent lower compared to the last day. Also, the total crypto market vol...
US crypto investors get ready for more taxes, but with clearer rules for tradersA new push by Congress to require crypto brokers to report transactions to the Internal Revenue Service could create some unwelcome tax bil...
Tax changes would boost IRS monitoring of cryptocurrency useAnother policy change would require payment-services providers to file Form 1099 reports in order to discourage businesses from attempting ...
US regulators signal stronger risk, tax oversight for cryptocurrenciesThe back-to-back announcements came in a week when Bitcoin, the most popular cryptocurrency, took a wild ride, falling as much as 30% on We...
Binance probed by US as money-laundering, tax sleuths bore inThe US Justice Department and IRS are seeking information from Binance, as part of the Biden administration's efforts to root out illicit a...