Catenaa, Saturday, January 11, 2025 – The US Internal Revenue Service (IRS) has announced a temporary measure aimed at easing tax reporting for cryptocurrency holders utilizing centralized finance (CeFi) brokers, as per its latest notice, 2025-7.  The relief comes ahead of the implementation of Section 6045 broker regulations on January 1, 2025. These rules mandate […]

Washington DC, Monday, February 19, 2024 – The US Internal Revenue Service (IRS) filed a lawsuit on February 13, 2024, against the Federal Deposit Insurance Corporation (FDIC) seeking to recover an estimated $1.45 billion in unpaid taxes owed by the failed Silicon Valley Bank (SVB). The dispute centers on the FDIC’s disallowance of the IRS’s […]