Crypto Brokers Still In the Dark on Reporting Rules
Listen now
Description
The IRS and Treasury pushed back the effective date for brokers forced to report client transactions to the IRS, giving the cryptocurrency industry some relief as they wait for more guidance. There are still a lot of unknowns about how to report and what exactly is required—answers the industry anticipates in new guidance. On this episode of our Talking Tax podcast, Bloomberg Tax reporter Erin Slowey speaks with Deloitte's Jonathan Cutler, a senior manager, and Rob Massey, global and US tax blockchain and digital assets leader, about the crypto reporting landscape here in the US. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
More Episodes
To help reduce poverty, many states have modeled their own versions of tax relief for lower and middle-income workers on an enhanced federal earned income tax credit that expired last year. Rising inflation, pandemic hardships, and increasing economic disparities have intensified calls to create...
Published 03/15/23
Looking forward to a mint julep on Kentucky Derby Day? You might be interested to know that a bit of each bourbon-soaked cocktail funds school districts, police departments, and other local services in the Bluegrass State. The money flows through Kentucky’s one-of-a-kind bourbon barrel tax, a...
Published 03/08/23
Published 03/08/23