While crypto is still touted as an alternative to fiat currency, such as the U.S. dollar, the real world of politics, governance, and taxes has found a way to intrude on the use of this alternative ...

Sen. Lummis is pushing a $300 de minimis crypto tax exemption ($5,000 annual cap) so Americans can spend Bitcoin tax-free.

Professionals have a major piece of advice for those who traded cryptocurrency for the first time last year: Take your tax prep seriously. The IRS has been zooming in on cryptocurrency reporting with ...

(NewsNation) — Cryptocurrency trading might feel like the Wild West for much of the year, but come tax season, several IRS rules still apply. The IRS treats cryptocurrencies like bitcoin as property, ...

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When crypto first gained prominence more than 15 years ago, one of the big selling points of the currency was its lack of ties to any specific government. Unlike fiat currency, cryptocurrency offered ...