reporting

2 articles tagged "reporting"

Fintech

New Crypto Tax Reporting Rules Announced by Biden Administration

The Biden administration has unveiled new tax reporting rules for cryptocurrency brokers, aiming to enhance compliance and transparency. Set to take effect in 2025, the rules will mandate detailed reporting to the IRS.

25 Aug 2023

Fintech

New Crypto Tax Reporting Rules Spark Debate Among Brokers and Users

The Biden administration's proposed crypto tax reporting rules require brokers to report on users' digital asset transactions, aiming to enhance compliance and transparency. Set to take effect for the 2026 tax season, the rules have drawn attention from lawmakers and the crypto community.

25 Aug 2023