Practical analysis of IRS enforcement trends, digital asset tax developments, Tax Court decisions, and federal tax policy — written for taxpayers and practitioners who need to understand what's actually happening.
In Paschall v. Commissioner, T.C. Memo. 2026-46, the US Tax Court held that staking rewards received through a custodial staking-as-a-service arrangement are taxable as ordinary income at fair market value when received rather than at when they are sold in the future.
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