Crayons and improving workflow; Deloitte goes to law school; certified importance; and other highlights from our favorite tax bloggers.

Guidance is expected next week to clarify that reporting requirements won't impact many key players.

TaxBit vaulted to unicorn status amid the boom in cryptocurrency and as new regs take hold requiring brokers to report transactions to the IRS.

But observers say the industry did relatively well for one of its first efforts at impacting legislation.

Broad oversight for virtual currencies remains a part of the infrastructure bill currently in the Senate.

The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear.

Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.

A bipartisan group released an alternative cryptocurrency revenue-raising plan.

Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being overly broad and impractical.

A Senate plan to spend $550 billion on U.S. infrastructure stands to benefit industries heavily dependent on transportation.

Sure, you might have to actually pay U.S. taxes on those crypto trades. But at least it will be easier to figure out how much you owe.

The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.

A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue.

Two companies are teaming up to allow clients to buy mining machines through an IRA.

The Senate’s bipartisan deal would impose stricter rules on cryptocurrency investors to fund a portion of the $550 billion investment.

Tesla, MicroStrategy and Square will have to reckon with their digital holdings in earnings reports.

The company automates all aspects of cryptocurrency tax compliance, and is looking at a valuation north of $1 billion.

Ripple has said the SEC can’t regulate XRP because, as a virtual currency used in international and domestic transactions, it’s a medium of exchange and not a security.

The Securities and Exchange Commission is ramping up enforcement against cryptocurrency providers, as the Internal Revenue Service has also stepped up investigations and compliance efforts.

The cryptocurrency exchange has been touting letters from IRS and FBI agents praising its cooperation.