News, regulatory updates and crypto-tax guidance for individuals, covering reporting, compliance and accounting developments.
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 is setting higher audit targets, and individual crypto holders need to understand what that means for their tax compliance now.
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.
A fake crypto influencer fraud highlights the need for individuals to understand legitimate crypto staking tax obligations and avoid scams.
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.