IRS Eases Up on CeFi Tax Rules

The IRS is cutting CeFi crypto investors some slack in 2025 with Notice 2025-7.

Forget FIFO (First In, First Out) messing up your gains – you can now choose your own tax strategy using personal records or crypto tax tools.

No action needed this year. But come 2026, you’ll need to lock in a method with your broker to keep things smooth.

Pro tip: track your moves and make sure your broker’s system vibes with your tax app to avoid FIFO default and higher tax hits.

Source: Crypto Potato$BTC