ChrisLAS on Nostr: New rules, everyone!🙄 Today, the IRS finalized rules requiring custodial crypto ...
New rules, everyone!🙄
Today, the IRS finalized rules requiring custodial crypto platforms to report user transaction info to the IRS. Sells and exchanges.
https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-requiring-broker-reporting-of-sales-and-exchanges-of-digital-assets-that-are-subject-to-tax-under-current-law-additional-guidance-to-provide-penalty-relief-address
That is probably precisely what the Alby (npub19vl…qjjz) folks were expecting.
Today, the IRS finalized rules requiring custodial crypto platforms to report user transaction info to the IRS. Sells and exchanges.
https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-requiring-broker-reporting-of-sales-and-exchanges-of-digital-assets-that-are-subject-to-tax-under-current-law-additional-guidance-to-provide-penalty-relief-address
That is probably precisely what the Alby (npub19vl…qjjz) folks were expecting.