IRS Prepares Voluntary Tax Disclosure Overhaul with Reduced Penalties for Crypto Investors
October 24, 2026
The IRS plans to overhaul its Voluntary Disclosure Practice, offering lower penalties, expedited resolutions, and flexible payment terms for taxpayers proactively reporting past tax violations, including cryptocurrency transactions.
New U.S. Crypto Tax Bill Proposes $10 De Minimis Exemption Alongside Wash-Sale Rules
October 1, 2026
Senator Steve Daines has introduced the ADAPT Act, a tax bill offering $10 micro-transaction exemptions for crypto payments while curbing loss harvesting through traditional wash-sale rules.