US IRS Hit with Lawsuit Over New Crypto Staking Tax Policy

US IRS Hit with Lawsuit Over New Crypto Staking Tax Policy

Josh Jarrett questions the US IRS’s tax policy for crypto staking rewards, suggesting they should be taxed only upon sale, not receipt. The U.S. Internal Revenue Service (IRS) is once again facing legal action concerning its policy on taxing cryptocurrency staking rewards. On October 10, 2024, Josh Jarrett, supported by Coin Center, filed a new lawsuit challenging […]