Nelson Mullins – IRS Issues Final Regulations on Information Reporting by Brokers Regularly Providing Services Affecting Digital Asset Transactions

The internal revenue service (“IRS”) released the final regulations on December 27, 2024, related to the requirements for reporting information to the mediators of digital asset transactions. Treasury Base No. 2024-30496, “The total revenues that are reports by brokers who regularly provide services that affect digital asset sales” (“List”)[1] The brokers are required to return … Read more

Nelson Mullins – New York’s FAIR Act Set to Expand Consumer Protection

Please consider that just call Nelson Multins Riley & Scarborough LLP will not create a lawyer-customer relationship. Nelson Mullins cannot represent you until the company knows that there will be no conflict of interests, and the company decides that it is able to accept participation. Accordingly, please do not send any NELSON MULLINS information or … Read more

TPS for Honduras, Nepal, and Nicaragua: Another Shift in the Legal Winds

There is no required action yet, but employers and stakeholders must be aware of a great development in the continuous litigation surrounding the temporary protected situation (TPS) of Honduras, Nepal and Nicaragua. We expect an update from US citizenship and immigration services (USCIS) soon, after notifying employers at the end of the expiration of a … Read more