IRS Finalizes Crypto Reporting Rules, Sparking Legal Battle

Starting in 2027, brokers will need to disclose gross proceeds from crypto sales. They must also provide details about the taxpayers involved. This week, the DeFi Education Fund filed a lawsuit against the Treasury Department and the IRS. They claim the new rules are overreaching and could essentially serve as a crypto ban. Critics Call […] The post IRS Finalizes Crypto Reporting Rules,... source: https://www.altcoinbuzz.io/cryptocurrency-news/irs-finalizes-crypto-reporting-rules-sparking-legal-battle/