One in five Americans has bought, sold or used crypto as a form of payment, but many investors and their advisors aren’t fully aware of the tax consequences of trading or exchanging digital assets. Meanwhile, a crypto reporting requirement in the 2021 infrastructure law may result in unexpected fines or worse for crypto investors.
For more on these stories and other crypto news, read our roundup below.
Crypto and ESG were supposed to transform the finance industry. At the end of 2022, they still hadn’t — and prospects look even worse for 2023.
A new entity called Binah Capital is expected to be listed on the NYSE in the second quarter, despite headwinds for stocks and the waning use of SPACs.
Behind the broker-dealer regulator’s proposed changes to its system for resolving disputes lies a lawyer’s long-simmering feud.
The crypto tax environment, new crypto reporting requirements and a recently launched crypto education resource are among the latest developments in digital assets.
In a decision that left out the details of alleged discrimination and tensions within the firm, a FINRA arbitration panel granted the broker’s expungement request.
The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly.
Market volatility and economic uncertainty have made the end-of-year tax planning ritual more complex.
