What Trump’s Holiday Executive Order Means For Social Security, IRS And Your Mail https://t.co/SnpTDdgQvR ...

The IRS Isn’t Taxing Your Bonus More, It Just Feels Like It https://t.co/p7bjgf3I7X https://t.co/XqcPZO7jZc ...

The IRS Isn’t Taxing Your Bonus More, It Just Feels Like It https://t.co/p7bjgf3I7X ...

Tax Law Update - A new law aims to simplify IRS tax notices [1] Industry Focus - The focus is on eliminating confusing tax notices from the IRS [1]

ETF Market Dynamics - Outflows from Bitcoin ETFs are small relative to the massive inflows over the past 18 months, representing only a couple percentage points [1] - Ethereum ETFs have experienced approximately $25 billion outflows, warranting close attention [2] - A significant portion of the outflows is attributed to the basis trade, a strategy favored by hedge funds [3] - The basis trade, involving selling front-month futures contracts and buying spot at the same time, offered an annualized yield that has fluctuated, reaching 20% at times but now below 5% [4][5] - Decreased interest in the basis trade is driving money out of these ETFs, while retail investors and long-term investment advisors continue to buy [5] - The ETF space is experiencing aggressive growth, with inflows exceeding $1 trillion this year [15] Crypto Regulation and Taxation - Uncertainty surrounding regulatory clarity from the SEC and CFTC has been a concern for institutional investors in crypto ETFs and crypto investing [7] - Tax changes, including guidance from the IRS on "good income" versus "bad income," are expected to reshape the crypto landscape [6][8] - The tax treatment of staking yield, where assets are locked up to contribute to the network in return for in-kind Ethereum, is currently unclear [9][10] - Crypto ETFs are starting to allow for staking yield, but some institutional investors are hesitant due to potential tax implications [10] ETF Product Innovation - Hundreds of new crypto ETFs with different variations, leverage, and yield plays are expected to launch [12] - "Manufactured yield" products, using derivatives to generate high yields (sometimes over 80%), are gaining popularity [12][13] - Active ETFs, including "boomer candy" products offering downside protection, are growing rapidly, with legacy asset managers entering the market [13][14] - Goldman Sachs is acquiring a company specializing in buffer products, indicating a significant move into the active ETF space [14][15]

IRS Has Significant Backlogs Following The Shutdown: What's Moving And What's Still Stuck https://t.co/8F6K7jeaRy ...

Tax Compliance & Regulation - The IRS (Internal Revenue Service) may gain access to and tax Americans' foreign crypto account data [1] - Individuals are reminded of the importance of paying crypto taxes [1] Cryptocurrency Market - Discussion around crypto tax compliance and potential consequences of non-compliance [1]

The Trump administration has advocated for joining CARF, a global tax-reporting agreement that would allow the IRS to better identify Americans’ foreign crypto holdings. https://t.co/cb9PuwCzmO ...

RT Watcher.Guru (@WatcherGuru)JUST IN: 🇺🇸 Trump administration reviewing proposal to allow the IRS to access and tax Americans' foreign crypto account data. ...

President Donald Trump pulled his nominee to be the IRS’s top attorney days after getting blowback from a prominent member of his political movement. https://t.co/hOZETN2MiS ...