
Crypto Investors in America are Reporting Their Investments to IRS
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.
The Internal Revenue Services sent Coinbase a summons asking for information on all users basing on three isolated cases when people used bitcoin to evade taxes.
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.
A software tool helps the IRS identify people who hide their wealth, making some bitcoin owners uneasy as they lose their anonymity.
The Internal Revenue Services sent Coinbase a summons asking for information on all users basing on three isolated cases when people used bitcoin to evade taxes.