Bitcoin24h $81,661.64+5.48%

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MicroStrategy wanted bitcoin rule change — not billions in tax bills

MicroStrategy rallied for an FASB change that it thought would help it properly value its bitcoin — but it could come with a nasty tax.

Roger Ver released on $160K bail as US seeks extradition

Roger Ver, known as ‘Bitcoin Jesus,’ gave up his passport and was released on bail by Spanish authorities despite appeals from prosecutors.

The Treasury and the IRS aren’t sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.

When it comes to top talent, the IRS faces competition from crypto firms that are cash-rich and value a background in tackling crime.

The IRS has ordered a New York bank to share client info linked to crypto exchange users that will help prevent potential crypto tax evasion.