IRS Finalizes Crypto Tax Reporting Regulations for Brokers
The US Internal Revenue Service (IRS) has finalized its long-awaited crypto broker reporting rules, aiming to improve tax collection in the burgeoning digital asset…
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The IRS will delay the $600 reporting threshold until 2022
The IRS is postponing new rules for third-party settlement providers like as PayPal and Venmo to reduce the reporting threshold for commercial transactions to $600.…