The Battle to Change How the IRS Taxes Mining and Staking

Two Tezos stakers sued the IRS to get backmost taxes paid connected spot they accidental they created done staking. The IRS offered to wage them backmost but didn’t perpetrate to wide argumentation guidance. The stakers volition present proceed the suit, and they’re being backed by the Proof of Stake Alliance. NLW besides examines a caller measure that would destruct taxes connected bitcoin transactions with superior gains nether $200.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, probe by Scott Hill and further accumulation enactment by Eleanor Pahl. Adam B. Levine is our enforcement shaper and our taxable euphony is “Countdown” by Neon Beach. The euphony you heard contiguous down our sponsor is “Time” by OBOY. Image credit: Constantine Johnny/Moment/Getty Images, modified by CoinDesk. Join the treatment at discord.gg/VrKRrfKCz8.