The Internal Revenue Service (IRS), a US Treasury department, has released a proposal that could exempt cryptocurrency miners from paying taxes.
Under the IRS tax proposal, mining companies and individual miners would be exempted from this tax obligation. “If approved by the government, the new…
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United States evaluates payment of taxes by NFT
The payment of taxes for collectibles, such as stamps, sooner rather than later will reach non-fungible tokens (NFT), according to the advances in this regard by the US Department of the Treasury and the Internal Revenue Service (IRS).
The…
US tax agency may confiscate cryptocurrencies
The US Internal Revenue Service (IRS) could confiscate the cryptocurrency possessions of those with tax debts, according to various government sources.
Through a conference organized by the American Bar Association, the deputy director of…