California Subjects Digital Financial Assets to Unclaimed Property Law
By Saleem A. Shareef, Esq., Checkpoint News On October 11, 2025, California Governor Gavin Newsom signed legislation that subjects digital …
Preparing for New 1099 Digital Asset Reporting Rules
The IRS’ new digital asset form will make its debut this upcoming tax season for 2025 transactions. Nik Fahrer, director …
Minnesota Issues Updated Guidance on Taxability of Digital Products
By Peter G. Pupke, Esq., Checkpoint News The Minnesota Department of Revenue has issued an industry guide explaining the state …
Senate Finance Committee Hears Suggestions on Digital Asset Tax Clarity
Despite the ongoing government shutdown, the Senate Finance Committee held a hearing October 1 to examine the federal tax treatment …
IRS Asks for Help With Combatting Digital Asset Fraud
The IRS is looking for new ways to spot illicit activity in the digital asset space — and it wants …
White House Calls for Digital Asset Tax ‘Fairness’ in New Report
In accordance with a President Trump executive order, the administration’s task force on digital asset policy released its report detailing …
IRS Drops 9 ‘Unnecessary’ Guidance Items; Treasury Scraps Financial Regs
As part of the Trump administration’s government-wide push for deregulation and smaller overall workforce, the IRS and the Treasury Department …
Republicans Celebrate House Passage of DeFi Broker CRA
Biden-era regs classifying some decentralized digital asset entities as brokers subject to IRS reporting rules are one step closer to …
Attempt to Overturn Digital Asset Broker Regs Clears First Hurdle
A joint resolution for disapproval of a Biden-era final rule on digital asset broker gross proceeds reporting requirements advanced out …
Digital Asset ‘Middleman’ Reporting Regs, Transition Relief Issued
The IRS has issued final regs that include participants in the decentralized digital asset space that provide trading front-end services …