Understanding The New IRS DeFi Broker Tax Regulations

Understanding The New IRS DeFi Broker Tax Regulations is crucial for anyone involved in the decentralized finance (DeFi) space. These new rules significantly impact how DeFi platforms operate and how users report their cryptocurrency transactions. The IRS is cracking down on tax evasion within DeFi, defining new categories of “brokers” and outlining specific reporting requirements. … Read more