Proposed regulations for digital assets are here! Now what?By RSM US LLP | September 14, 2023Proposed regulations for digital asset reporting under section 6045 will require brokers to report sales and exchanges of digital assets to the IRS.READ MORE...
States begin to consider digital asset taxation as sessions endBy RSM US LLP | July 10, 2022A number of states begin to consider or take steps related to the state taxation of digital assets as the economy for these assets continues to grow.READ MORE...
Income tax, charity and estate planning strategies for digital assetsBy RSM US LLP | June 1, 2022Considering the income tax, charity and estate planning implications of digital assets, such as crypto, can minimize tax burden, comply with evolving regulations and pursue personal wealth goals.READ MORE...
Digital assets targeted for substantial tax hikesBy RSM US LLP | September 17, 2021The Ways and Means Committee proposed legislation targeting digital assets to increase tax revenue via wash and constructive sales rules.READ MORE...