News, regulatory updates and crypto-tax guidance for individuals, covering reporting, compliance and accounting developments.
Breaking: The Digital Chamber is suing Illinois over its new 0.2% crypto transaction tax, which applies even when no gain is made and no ownership changes hands.
What the CLARITY Act White House push means for how crypto is taxed in the US and what individual holders should do now
The National Taxpayer Advocate's 2026 filing season report reveals a two-speed IRS: smooth for digital filers, painful for everyone else, with direct implications for crypto holders navigating digital asset reporting.
The IRS has issued a gift tax safe harbor so parents and relatives contributing to a child's new Trump account under Sec. 530A can skip the gift tax return entirely if they meet simple conditions.
The IRS is setting higher audit targets, and individual crypto holders need to understand what that means for their tax compliance now.
Plain-English breakdown of the IRS safe harbor for Section 530A Trump accounts and the AICPA's caution around gift tax, Kiddie Tax, and Roth conversion risks
CoinEx's alleged $3.8B Iran sanctions violation highlights the need for individual crypto traders to use proper tax reporting tools to avoid legal risks.
Strategy's huge unrealized BTC losses highlight the importance of tracking crypto gains and losses for individual tax reporting.
The CoinEx case highlights the importance of using a reliable crypto tax calculator to ensure compliance and avoid penalties.
South Korea's push for unified crypto rules with the US SEC may lead to stricter crypto tax enforcement and reporting requirements for individual traders.
A fake crypto influencer fraud highlights the need for individuals to understand legitimate crypto staking tax obligations and avoid scams.
Trump's decision to cancel signing a bill containing a CBDC ban creates uncertainty for crypto traders, highlighting the need for reliable crypto tax software to manage reporting obligations.
The Kwong case sets a precedent for IRS penalty refunds due to COVID-19, and crypto traders can use a crypto tax calculator to ensure accurate filings and avoid penalties.
FBAR filing obligations now apply to cryptocurrency held on foreign exchanges; individuals need to understand reporting thresholds and use crypto tax software to aggregate data.
A plain-English breakdown of how the IRS taxes DeFi activity, covering staking rewards, trading gains, airdrops, and NFTs so US-based individual crypto users know exactly what they owe and how to stay compliant.
A practical, jargon-light breakdown of how the IRS treats staking rewards, DeFi income, NFT gains, and airdrops so individual US filers know exactly what to report and when.
A practical, jargon-free guide for US individual crypto holders explaining how capital gains tax works, what rates apply, and how a crypto tax calculator simplifies the filing process.
A practical breakdown of how the IRS treats NFTs, from minting and trading to DeFi and staking income, written for individual US filers who want clarity before the next tax deadline.
A practical breakdown of US crypto tax rates, cost basis methods, and loss harvesting strategies written for individual filers who want to understand their obligations before the deadline hits.
A practical US-focused explainer helping individual crypto holders understand exactly when airdrop, mining, staking, and DeFi income becomes taxable and how to avoid costly reporting mistakes.
A practical explainer for individual crypto traders on how wash sale rules do and do not apply to cryptocurrency across key jurisdictions, and what that means for tax loss harvesting strategies.
