House Panel Advances Crypto Tax Bill That Would Limit Certain Loss Write-Offs

House Panel Advances Crypto Tax Bill That Would Limit Certain Loss Write-Offs

The Ways and Means Committee voted 38-5 for a bill that would limit crypto investors' ability to claim a loss if they buy the same asset within 30 days before or after the sale, covering sales after Sept. 14.

US House Tax Committee Advances Crypto Tax Overhaul by 38–5

The U.S. House Ways and Means Committee has advanced the “Digital Asset Tax Certainty Act,” a bipartisan bill designed to overhaul how federal taxes apply to a range of crypto activities. The measure moves next to the full House after clearing committee by a 38–5 vote on Wednesday, with provisions aimed at stablecoins, crypto lending, [...]

House panel advances crypto tax framework after Senate stumble

The U.S. House Committee advanced a bill for clear federal crypto tax rules, but Bitcoin's minimal reaction suggests underlying market dynamics.

House Panel Advances Digital Asset Tax Certainty Act in 38-5 Vote

The House Ways and Means Committee advanced new cryptocurrency tax rules Wednesday, marking progress on digital asset legislation. Members voted 38-5 to move the Digital Asset Tax Certainty Act toward consideration by the full House. The vote came as broader cryptocurrency legislation faces delays in the Senate. New Tax Rules for Crypto The bill would […] Read The Full Article House Panel Advances Digital Asset Tax Certainty Act in 38-5 Vote On …