Tag: IRS

0 18
Posted in Crypto Update

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…

0 25
Posted in Crypto Update

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…

0 24
Posted in Crypto Update

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…

0 22
Posted in Crypto Update

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…

0 29
Posted in Crypto Update

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…

0 23
Posted in Crypto Update

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…

0 28
Posted in Crypto Update

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…

0 23
Posted in Crypto Update

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…

0 24
Posted in Crypto Update

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)…

0 25
Posted in Crypto Update

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…