The early dismissal of a federal lawsuit that could have resolved whether certain cryptocurrency tokens can be taxed as federal income feels like business as usual for an industry accustomed to ...
Ledger recently announced that the ‘Earn’ section is now available to all their users on Ledger Live Desktop. Ledger noted in a blog post that the mobile app will follow soon. As explained in the ...
The Sixth Circuit affirmed a district court’s dismissal of a taxpayer’s case in which he contended that he did not realize gross income in the year of cryptocurrency “staking,” leaving the underlying ...
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid. Tezos network stakers Josh Jarrett and his wife Jessica Jarrett have ...
The outcome of this case could set the tone for the broader regulatory environment surrounding proof-of-stake networks like Ethereum, Cosmos, and Polkadot. The U.S. Internal Revenue Service (IRS) has ...
The U.S. Internal Revenue Service (IRS) has doubled down on its stance that crypto staking is taxable, stating that tax liabilities arise as soon as staking rewards are received, Bloomberg reported.
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