{"id":5270,"date":"2025-01-02T20:02:01","date_gmt":"2025-01-02T20:02:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=5270"},"modified":"2025-01-02T20:02:01","modified_gmt":"2025-01-02T20:02:01","slug":"did-the-irs-really-just-delay-crypto-tax-reporting-requirements","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=5270","title":{"rendered":"Did The IRS Really Just Delay Crypto Tax Reporting Requirements?"},"content":{"rendered":"<div>\n<p>Cryptocurrency holders interacting with centralized finance, or CeFi, exchanges in 2025 are benefitting from more flexible accounting methods in a temporary relief notice <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42486061\/always-pay-the-tax-man-bitcoin-investor-sentenced-to-two-years-for-tax-evasion-on-crypto-gains\">issued by the IRS<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>A <a href=\"https:\/\/x.com\/TheCryptoCPA\/status\/1874184460507496788\">thread<\/a> on X by \u2018TheCryptoCPA\u2019 Shehan, Head of Tax at CoinTracker, outlines the change in regulations that took effect on Jan. 1.<\/p>\n<p>The IRS has recognized and addressed a practical problem with the previously finalized Sec. 6045 custodial broker regulations. <\/p>\n<p>These regulations would have required crypto assets held with CeFi brokers to be sold under the First-In-First-Out (FIFO) method if no &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42774313\/did-the-irs-really-just-delay-crypto-tax-reporting-requirements\" alt=\"Did\" the irs really just delay crypto tax reporting requirements>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency holders interacting with centralized finance, or CeFi, exchanges in 2025 are benefitting from more flexible accounting methods in a temporary relief notice issued by the IRS. What Happened: A thread on X by \u2018TheCryptoCPA\u2019 Shehan, Head of Tax at CoinTracker, outlines the change in regulations that took effect on Jan. 1. The IRS has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-5270","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5270"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5270\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}