Solana Faces China Probe After Police Intervene in Shanghai Event
China's central bank investigates Solana after police stop Shanghai event, citing illegal crypto activity.
Deloitte tax expert Rob Massey discusses evolving IRS guidance for Bitcoin investors on self-assessment, broker reporting, and advocacy.
Bitcoin Magazine features Deloitte’s Rob Massey discussing the evolving IRS tax guidance for Bitcoin investors.
Bitcoin tax rules have evolved, but the self-assessment framework remains unchanged. Massey, who has been advising on crypto taxes at Deloitte since 2012, explains that using Bitcoin as money builds a “new muscle” for reporting. He covers which wallet transfers are and are not taxable events, and why broker-issued 1099s will never give a full picture. He also shares the one thing he would urge Bitcoiners to push for, which is not a repeal.
Disclaimer: The views and opinions expressed belong to the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliates. This content is provided for informational and educational purposes only and should not be considered investment, legal, tax, or accounting advice. Nothing in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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