The IRS Says Crypto is Currency, Warns Against Tax Evasion
The Internal Revenue Service (IRS) — the United States' tax collection agency who administers the Internal Revenue Code enacted by Congress ...
Tag: IRS
G20 Set to Determine if Cryptocurrencies Should be Defined as Assets
Cryptocurrencies, or at least defining the term, seem to be a hot topic at the current G20 summit. In fact, ...
Coinbase Gives IRS More Than 10K Users’ Information
After fighting the IRS in court, popular digital currency marketplace Coinbase has been ordered by the Northern District of California ...
IRS Stymied Over American Cryptocurrency Traders’ Reluctance to Report Earnings
As cryptocurrency investors continue to see gains, it appears they're also continuing to stay quiet about their earnings to avoid ...
Does the IRS Fear Bitcoin?
An op-ed in the New York Times theorizes that the IRS fears Bitcoin due to tax evasion. What actions could ...
Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework
At least two US institutions have requested that the IRS propose a definitive structure for taxing cryptocurrencies in the country. As ...
Trump Administration Considering Regulating Bitcoin
As Bitcoin and other cryptocurrencies continue to rise in both value and popularity, national governments are starting to scrutinize them ...
Coinbase ‘Unprecedented Victory’ Sees 14k Transactions Head To IRS
An “unprecedented victory for the industry” is how Coinbase describes the likely culmination of its year-long legal battle with US ...
