End Of The IRS? Lawmaker’s Radical Move Could Supercharge Crypto
One of the biggest breaks for crypto could be the possible elimination of the Internal Revenue Service. At least, this ...
Tag: IRS
Crypto Staking Classified As Taxable By IRS Amid Legal Dispute
The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated ...
IRS Comes Knocking: Crypto Investor Sentenced For Hiding BTC Profits
An early investor in Bitcoin, Frank Richard Ahlgren III, has been sentenced to two years in federal prison for filing ...
IRS Softens Stance On Crypto: New Draft Eases Tax Filing Burden
The IRS, or US Internal Revenue Service, has unveiled a fresh draft version for the 1099-DA tax form, used by ...
IRS Reveals Preliminary Tax Reporting Form For Digital Assets
The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency ...
IRS Free To Collect Crypto Gains After This Controversial Tax Law Takes Effect
The controversial tax law that requires U.S. citizens to report crypto transactions of $10,000 or more has taken effect, giving ...
FTX Creditors’ Compensation In Jeopardy Following This New Development
FTX has challenged the IRS on its $24 billion tax bill claims, arguing that the agency’s “unexplained” tax debt would ...
IRS Slaps FTX With Massive $24 Billion Tax Bill, Crypto Exchange Responds
While FTX struggles to recover from its bankruptcy and long list of lawsuits, the failed crypto exchange has been slammed ...
