irs

The IRS suspects that some individuals could have hidden taxable income for the specified period.

Tax On Crypto: Are You Prepared?
April 13th, 2019

Professional tech writer and blogger, Katrina Hatchett takes a look at key tax implications of dealing with cryptocurrencies.

Bitcoin Bull John Mcafee to Lead 2020 Presidential Campaign While Fleeing IRS Indictment
January 24th, 2019

Cryptocurrency proponent John McAfee revealed that the IRS has convened a grand jury to charge him, his wife, and four of his campaign workers, with ‘unspecified’ crimes of felonious nature.

The Current State of Cryptocurrencies
November 16th, 2018

Samuel Leach, crypto millionaire, founder and CEO of Yield Coin project, shares his vision of the current cryptocurrency landscape explaining the key issues faced by the industry.

US Lawmakers Urge IRS Develop Clear Rules on Cryptocurrency-related Profits Taxation
September 21st, 2018

U.S. lawmakers have called on the Internal Revenue Service to clarify a guidance for taxpayers earning gains on cryptocurrencies.

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.

Bitcoin Prices Plunged by 20%, U.S. Courts Seeks 14,000 User Data from Coinbase
November 30th, 2017

Bitcoin loses 20% amid reports of U.S. courts ordering Coinbase to disclose 14000 transactions, which are above $20000, to IRS.

The IRS Uses Special Software to Find Bitcoin Tax Cheats Since 2015
August 23rd, 2017

A software tool helps the IRS identify people who hide their wealth, making some bitcoin owners uneasy as they lose their anonymity.

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.

Bitcoin Exchange Coinbase Gets New York’s BitLicense
January 18th, 2017

The New York Department of Financial Services approved the virtual currency and money transmitter license for Coinbase after a thorough review of its applications.

IRS Fires Back In Coinbase Case as It Seeks Access to Bitcoin User Data
December 28th, 2016

The IRS responds to the motion of Coinbase’s user asking the court to allow the tax agency proceeding with its “John Doe” summons.