Search Results for keywords:"brokers"

Search Results: keywords:"brokers"

S. J. RES. 3 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
February 12, 2025
Status:Placed on Calendar Senate
Congress:119
Words:247
S. J. RES. 3 is a resolution in the 119th Congress that expresses Congress's disapproval of a specific rule made by the Internal Revenue Service (IRS). The rule in question involves the reporting of gross proceeds by brokers who frequently handle digital asset sales. This...
Simple Explanation
Congress is thinking about canceling a rule that tells certain people who sell digital things, like Bitcoin, how to tell the government about the money they make. If they cancel it, the rule won't be followed anymore.
H. J. RES. 25 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
January 21, 2025
Status:Introduced in House
Congress:119
Words:206
H. J. RES. 25 aims to nullify a specific rule set by the Internal Revenue Service (IRS). This rule involves the reporting of gross proceeds by brokers who facilitate digital asset sales. If passed, the resolution would ensure that this rule has no legal impact. The resolution...
Simple Explanation
H. J. RES. 25 wants to stop a new IRS rule that makes people who help sell digital money report how much money they make. If this goes through, those helpers won't have to tell the IRS that information anymore.
H. J. RES. 25 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
March 28, 2025
Status:Enrolled Bill
Congress:119
Words:129
H. J. RES. 25 is a resolution that expresses Congress's disapproval of a rule from the Internal Revenue Service (IRS). This rule was about "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales," which means reporting on the...
Simple Explanation
In this bill, Congress is saying "no" to a rule that asked certain people who help sell digital money, like Bitcoin, to tell the government about the money made from those sales. This means those helpers won’t have to follow that rule now.
S. J. RES. 3 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
March 04, 2025
Status:Engrossed in Senate
Congress:119
Words:197
S. J. RES. 3 is a legislative measure from the 119th Congress that expresses Congress's disapproval of a specific rule initiated by the Internal Revenue Service. This rule involves the reporting of gross proceeds by brokers who frequently assist in digital asset sales. By...
Simple Explanation
Congress looked at a new rule that was about how people keep track of money they make when selling digital things, like online coins, and decided they didn't like it. Now, they don't want that rule to be used anymore.
H. J. RES. 25 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
March 12, 2025
Status:Placed on Calendar Senate
Congress:119
Words:171
H. J. RES. 25 is a resolution that expresses Congress's disapproval of a specific rule set by the Internal Revenue Service. This rule concerns how brokers report gross proceeds when they help sell digital assets. If this resolution passes, the IRS rule from December 30, 2024,...
Simple Explanation
H. J. RES. 25 is about saying "no" to a new rule that wanted people who help others sell digital coins to tell more about the money they got. If Congress agrees, this new rule will not happen.
H. J. RES. 25 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
February 28, 2025
Status:Reported in House
Congress:119
Words:385
H. J. RES. 25 is a joint resolution proposed to disapprove a rule from the Internal Revenue Service (IRS). This rule is related to the reporting of gross proceeds by brokers involved in digital asset sales. The resolution seeks to nullify the rule that was recorded in the...
Simple Explanation
Congress is thinking about stopping a rule that tells certain people who help buy and sell digital money, like Bitcoin, to report details about these sales. They want to make sure the rule doesn't happen because they think it might be a problem.
H. J. RES. 25 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.
March 11, 2025
Status:Engrossed in House
Congress:119
Words:200
H. J. RES. 25 is a joint resolution that expresses Congress's disapproval of a specific rule issued by the Internal Revenue Service (IRS). The rule in question involves the requirement for brokers who regularly facilitate the sale of digital assets to report gross proceeds....
Simple Explanation
H. J. RES. 25 is a decision by Congress saying they don't like a new rule where people who help others buy and sell digital treasures, like virtual coins, have to tell the government about all the money involved. If Congress's decision wins, that rule disappears.

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