Blockchain Association files lawsuit against IRS

IRS Targets Front-End Services In DeFi Reporting Final Regulations
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies requirements and exclusions for DeFi participants.
Blockchain Association files lawsuit against IRS over its new DeFi regulations
The Blockchain Association has filed a lawsuit against the Internal Revenue Service (IRS) over its new regulations for the decentralized finance (DeFi) sector. The group is fighting against new IRS laws that will classify some protocols in the DeFi sector as brokers.
IRS and Treasury Finalize DeFi Broker Regulations, Market Experts Decry ‘Overreach’
The U.S. Treasury Department and the Internal Revenue Service have unveiled a tax reporting framework that will affect the fast-growing DeFi
Understanding The New IRS DeFi Broker Tax Regulations
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
IRS targets DeFi brokers with new tax reporting rules set for 2027
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be required to report every dime made in crypto sales. The new rules fall under section 6045 of the Internal Revenue Code and are part of this big push to extend traditional tax regulations to
Crypto Community Reacts To New IRS DeFi Reporting Rules
The latest DeFi guidelines are set to take effect on January 1, 2027. The crypto community has taken to social media to express its grievances after the U.S. Treasury and Internal Revenue Service (IRS) launched their updated DeFi tax reporting requirements on Friday.
IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
Crypto executives and legal professionals are doubtful that the United States Internal Revenue Service’s (IRS) new ruling, ...
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Uniswap CLO Says IRS Ruling on DEXs Should Be Challenged
The IRS' latest ruling requiring DEXs to adhere to the same reporting standards as traditional brokers has drawn sharp ...
Tax Breaks: The Not Quite The End Of The World As We Know It (And I Feel Fine) Edition
Plus: BOI reporting updates, tax season is coming, money for taxpayers, filing thresholds for the 2024 tax year, digital ...
IRS issues rules on digital asset reporting, says front-ends are brokers
The United States Internal Revenue Service (IRS) has issued final regulations requiring brokers to report digital asset ...
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IRS Publishes New Crypto Tax Guidelines Focusing on DeFi Servicecs
The IRS introduces new crypto tax guidelines, requiring DeFi brokers to report detailed transaction data via Form 1099-DA by 2027.