On June 12, 2025, the Internal Revenue Service (IRS) released Notice 2025-33 which extends for an additional calendar year the transitional relief initially provided in Notice 2024-56 to brokers required to report digital...more
6/20/2025
/ Cryptocurrency ,
Digital Assets ,
Filing Requirements ,
Financial Institutions ,
Internal Revenue Code (IRC) ,
IRS ,
New Regulations ,
Penalties ,
Reporting Requirements ,
Tax Liability ,
Taxation
On March 11, 2025, under the auspices of the Congressional Review Act (CRA), the U.S. House of Representatives approved a joint resolution (H.J. Res. 25) officially disapproving of recently finalized regulations that would...more