Treasury and IRS announce that businesses do not have to report certain transactions involving digital assets until regulations are issued

January 17, 2024

The Treasury Department and Internal Revenue Service today issued an announcement informing businesses that they do not have to report the receipt of digital assets the same way as they must report the receipt of cash until Treasury and IRS issue regulations.

Read the full article from IRS here: https://www.irs.gov/newsroom/treasury-and-irs-announce-that-businesses-do-not-have-to-report-certain-transactions-involving-digital-assets-until-regulations-are-issued

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Treasury and IRS announce that businesses do not have to report certain transactions involving digital assets until regulations are issued

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