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Starting in 2026, the IRS will introduce Form 1099-DA dedicated to reporting crypto and digital assets. Learn who needs to issue this form and more!
In a significant development for the crypto industry, a federal judge has ruled in favor of Ripple Labs, stating that
In a recent press release, the Securities and Exchange Commission (SEC) announced its charges against Coinbase, Inc., a prominent crypto
The United States Securities and Exchange Commission (SEC) is coming after Binance, the world’s largest cryptocurrency exchange. The SEC recently
As a leading cryptocurrency law firm, Gordon Law Group guides clients through the intricate world of crypto taxes and other
The world of cryptocurrency is witnessing yet another legal challenge as Coinbase Global Inc., one of the largest cryptocurrency exchanges,
From copyright and ownership issues to smart contract disputes, the legal implications of NFTs are vast and rapidly evolving.
NFT artists must know their rights and obligations in this new digital landscape to navigate this exciting but potentially treacherous terrain.
If you’re struggling to file your Binance US taxes, rest assured that you’re not alone. Many Binance US users encounter
https://youtu.be/f6WRye57vRg The world of Decentralized Finance, or DeFi, has exploded recently, offering new and innovative financial services through blockchain technology.
For non-cash charitable contributions to a 501(c)(3) organization, taxpayers often need clarification about the rules and regulations surrounding the deductions they can claim on their taxes. One area of confusion is the requirement for a qualified appraisal for cryptocurrency contributions.
In a recent Chief Counsel Advice, the Internal Revenue Service (IRS) addressed the applicability of I.R.C. Section 165 to cryptocurrency that has declined in value. The advice concluded that an individual, who owns cryptocurrency that has substantially declined in value, can deduct the loss under Section 165, since it would be an itemized expense disallowed by the Tax Cuts and Jobs Acts (TCJA).
People often ask: Do Bitcoin and other digital tokens qualify as foreign assets under U.S. law? Answer: Not inherently. Cryptocurrency
Love them or hate them, NFTs are here to stay. Some only see a digital picture of an ape in human clothing. Others see an opportunity for creatives and artists to securely sell or trade with people all over the world via the blockchain. The NFT market has exploded over the last several years and shows no signs of letting up.
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