We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...

U.S. Senate voted 70-27 to repeal an IRS rule that would have imposed stringent reporting requirements on decentralized ...

The two things one can’t avoid in life are death and taxes, meaning crypto traders who say “they lost it all in a boat ...

Discover how the IRS plans to target unreported crypto gains in 2025. Stay compliant and avoid penalties — read our full ...

The US Senate passed a resolution to repeal a Biden-era IRS’ DeFi broker rule, that will now move to the House for a vote.

WASHINGTON—The Senate voted to repeal a Biden-era rule requiring that some cryptocurrency platforms report their customers’ ...

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition ...

With a split among Democrats, the congressional resolution to erase the IRS crypto broker rule passed with a massive majority ...

Trump’s crypto czar David Sacks said Tuesday that the administration “strongly supports” passage of the resolution.

Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule ...

In a related development, venture capital firm a16z Crypto has expressed support for a legal challenge against the IRS’s new DeFi rules. The firm argues that ... crypto service providers adhere to the ...

The House votes to overturn IRS regulation that requires DeFi brokers to report crypto transactions. The resolution moves to ...