Internal Revenue Service

Representative of Texas, Steve Stockman, submitted a new bill, the ‘Virtual Currency Tax Reform Act,’ that would regulate the bitcoin sale transactions.

Crypto Investors in America are Reporting Their Investments to IRS
February 14th, 2018

Although the number of people reporting their crypto investments is low fat the moment, it is expected to grow as the final date of filing comes closer.

Cryptocurrency Retirement Fund Bitcoin IRA Launches Ripple Savings
September 1st, 2017

Starting with Ripple’s XRP token, cryptocurrency retirement fund Bitcoin IRA plans to add further altcoins in coming weeks.

Bitcoin Tax Issue Closer to Resolution Through IRS-Friendly Tax Software
July 31st, 2017

American bitcoin traders, including Coinbase users, can now report gains accurately to the IRS through Node40’s new SaaS.

Coinbase’s User Asks Federal Court to Block IRS from Accessing Bitcoin Users’ Info
December 15th, 2016

According to Jeffrey Berns, more than a million Americans are subject to the summons granted to the IRS.

Motion Seeks to Block IRS from Accessing Bitcoin Users’ Info
December 14th, 2016

A Coinbase, Inc. customer filed a motion late Tuesday in federal court seeking to block the Internal Revenue Service from accessing personal and transactional information of individuals who used the Coinbase Bitcoin trading and storage platform between 2013-2015. 

U.S. Congressman Steve Stockman to Submit Bitcoin Tax Bill
April 9th, 2014

Representative of Texas, Steve Stockman, submitted a new bill, the ‘Virtual Currency Tax Reform Act,’ that would regulate the bitcoin sale transactions.