Advice for Practitioners on Unused Digital Asset Basis Safe Harbor
A digital asset tax expert and an IRS official advised practitioners to consider their options presented in recent guidance that …
Circuit Court Revives Crypto Reporting Legal Challenge
In partially reversing a lower court’s dismissal of multiple constitutional challenges to the amended Code section requiring the disclosure of …
Deloitte’s Jonathan Cutler Weighs in on New Digital Asset Reporting Form
Deloitte Washington National Tax Senior Manager Jonathan Cutler, a global information reporting expert, shared with Checkpoint his impressions of the …
Sales Tax on NFTs Poised to Heat Up in 2024
To date, only a handful of states have provided guidance specific to the sales and use tax treatment of non-fungible …
Refresher: Infrastructure and Investment Jobs Act’s Crypto Reporting Requirements
This article is in collaboration with Ledgible. Crypto reporting requirements under the Infrastructure and Investment Jobs Act (PL 117-58), enacted November …
Biden Team Unveils Blueprint for Regulating Digital Assets
In its quest to regulate transactions involving digital assets and bolster federal oversight, the Biden administration has laid the foundation …
Interview With EY’s Jeffrey Saviano
Jeffrey Saviano, global tax innovation leader at Ernst & Young and host of its Better Innovation podcast, spoke with Checkpoint …
The Long Read: Catching Up With Crypto
Mainstream interest in receiving and trading cryptocurrencies has proliferated among individuals and corporations. This article reviews what we know regarding …