Three weeks left for crypto investors before IRS changes reporting rule
Major changes to IRS cost basis reporting requirements for crypto purchases are going into effect on January 1, 2026.
Major changes to IRS cost basis reporting requirements for crypto purchases are going into effect on January 1, 2026.
Silk Road founder Ross Ulbricht received millions of dollars in crypto and could owe a substantial amount in gift taxes to the IRS.
From January, UK crypto firms will hand HMRC names, dates of birth, addresses, countries of residence, and National Insurance Numbers.
Germany’s Social Democratic Party suggested scrapping the tax-free crypto-holding policy during coalition negotiations.
MicroStrategy rallied for an FASB change that it thought would help it properly value its bitcoin — but it could come with a nasty tax.