For the first time, crypto exchanges will report your transactions to the IRS on Form 1099-DA. Learn what this means for your ...

Investors are clearly feeling optimistic about the incoming Trump administration and its promise of deregulation, particularly in the crypto space. With key regulatory appointees signaling a more ...

The IRS may have just taken some of the fun out of bitcoin. But that may mean that the virtual currency is growing up. The IRS announced last week that it would treat bitcoin, the computer-driven ...

Bitcoin has dropped 30% from its high this year, and that drop is doing something useful for a change; giving people a shot at trimming their tax bills. It’s ugly in price, but pretty helpful if ...

Rep. Matt Gaetz (R-FL) introduced legislation that requires the Internal Revenue Service to accept Bitcoin as payment for federal income taxes. In a press release, Gaetz’s move was credited to his ...

It’s tax season, which means that people all over America are nervously meeting with their accountants or sitting down with TurboTax, trying to figure out how much they owe Uncle Sam this year. For ...

El Salvador's adoption of bitcoin as legal tender may have been a watershed moment for cryptocurrencies. But in the United States, even though you can use crypto to buy and sell products or services, ...

The IRS doesn’t have a tax compliance strategy to address the increasing use of virtual currencies like bitcoin, an inspector general warned in a report released Tuesday. “It is imperative that the ...

WASHINGTON - Virtual currencies like bitcoin will be taxed like property - not currency, the Internal Revenue Service said Tuesday. The IRS says bitcoin is not legal tender. You can't use it to pay ...

The Internal Revenue Service needs to crack down on virtual currency being used for illegal transactions, a new watchdog audit concludes. People may be using virtual currency—digital forms of payment ...