IRS Archive - Crypto News Flash

All information about the topic IRS

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By Simon Njenga3. August 2023

The IRS issued Revenue Ruling 2023-14, providing guidelines on taxing income from staking digital assets. Staking has emerged as a…

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By Steve Muchoki27. January 2022

An IRS special agent says digital assets, including NFTs, are overrun by fraud such as money laundering, market manipulation, and…

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By Steven Msoh20. November 2021

The IRS seized $3.5 billion in cryptocurrencies in the fiscal year 2021, a figure that accounted for 93 percent of…

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By Bhushan Akolkar29. July 2021

All bipartisan infrastructure deals settled with crypto payments will henceforth attract additional taxes. The bill has spurred backlash from the…

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By John Kiguru21. May 2021

The US treasury has proposed that transfers of at least $10,000 of cryptocurrency be reported to the Internal Revenue Service.…