IRS – Snark

A realistic and high-definition representation of the new standardization of cryptocurrency tax reporting by the tax governing body. The image shows a set of newly introduced rules and forms relating to taxing digital currencies, all laid out on a well-lit desk. The desk also includes traditional tax reporting tools such as calculators, pens, and glasses for a comprehensive portrayal.

New IRS Regulations to Standardize Crypto Tax Reporting

29 June 2024Jason Greyson

Upcoming Changes for Crypto Platforms and Tax Compliance The U.S. tax landscape is poised for a significant modification with the finalized regulations from the IRS and the U.S. Department of Treasury. Starting in the fiscal year beginning 2025 and when reporting in 2026, cryptocurrency platforms will be obliged to adhere to standardized tax reporting requirements, […]