KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.

Under Section 2032A, the IRS provides special valuation rules for farms and closely-held businesses when calculating the ...

She joins former Maryland Governor Martin O’Malley, Minnesota Democratic Party Chair Ken Martin, Wisconsin Democratic Party ...

The IRS is now requiring freelancers to report payments of $5,000 and up received via third-party apps like CashApp, PayPal, ...

Outgoing Treasury Secretary Janet Yellen issued a dire warning that "extraordinary measures" will need to be taken to avoid a ...

Several Little Leagues in the Champaign-Urbana area are combining into one big organization. Atlanta rapper OG Maco, who had ...

Beginning this tax year, gig working platforms have to report information about more workers to the IRS as the agency cracks ...

IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...

As investigators build information, most of the people who bankrolled hundreds of California real estate purchases remain in ...

The final regulations classifying several decentralized finance (DeFi) protocols as brokers have sparked immediate backlash ...

The latest DeFi guidelines are set to take effect on January 1, 2027. The crypto community has taken to social media to ...

The IRS says that over one million taxpayers may have missed out on the Recovery Rebate Credit (RRC) claimed on their 2021 ...