Tag: IRS
IRS lists 4 crypto crimes among its top cases in 2023
The criminal investigation unit of the United States Internal Revenue Service (IRS) has listed four crypto-related cases…
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful…
IRS team reports rise in crypto tax investigations
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the…
IRS proposal to track your wallets will put a damper on the crypto industry
The United States Internal Revenue Service (IRS) is considering a proposal that would have sweeping consequences for…
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition…
Expect new IRS crypto surveillance to come with a surge in confiscation
As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past…
Kraken will share data of 42,000 users with IRS
United States-based exchange Kraken says it will share 42,000 users’ data with the United States Internal Revenue…
IRS extends comments period for new crypto tax rule to mid-November
The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules…
IRS proposes unprecedented data-collection on crypto users
For two years, the cryptocurrency world has been waiting to see how the Internal Revenue Service (IRS)…
IRS crypto tax reporting rules threat to industry: Coinbase legal chief
Coinbase crypto exchange chief legal officer Paul Singh Grewal called upon the crypto community to join the…