The Battle to Change How the IRS Taxes Mining and Staking

<em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">Nexo</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.getarculus.com/"><em><span style= "font-weight: 400;">Arculus</span></em></a> <em><span style= "font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em> <p><span style="font-weight: 400;">Two Tezos stakers sued the IRS to get back taxes paid on property they say they created through staking. The IRS offered to pay them back but didn’t commit to clear policy guidance. The stakers will now continue the suit, and they’re being backed by the Proof of Stake Alliance. NLW also examines a new bill that would eliminate taxes on bitcoin transactions with capital gains under $200. </span></p> <p> </p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <strong><em>Nexo</em></strong></a> <em><span style= "font-weight: 400;">is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">nexo.io</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://www.getarculus.com/"><strong><em>Arculus</em></strong></a><em><span style="font-weight: 400;">™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arc