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

Need help with your taxes? We’re here to help!
(561) 686-8666
info@wpvcpa.com

#accounting #business #accountant #finance #tax #bookkeeping #smallbusiness #taxes #payroll #cpa #taxseason #businessowner #incometax #accountants #audit #bookkeeper #taxreturn #taxpreparer #quickbooks #taxconsultant

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

Related posts

Independence Day 2026

Mid-year is the perfect time for a quick tax check

Understanding what the right to challenge the IRS’s position and be heard means