IRS Crypto Prosecutions Set to ‘Skyrocket’, Says US Tax Law Firm
The US Internal Revenue Service (IRS) is expected to ramp up its cryptocurrency-related enforcement actions, a tax law office warns. ...
Tag: Crypto tax
IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens
The U.S. Internal Revenue Service (IRS) has updated its webpage, removing parts of its crypto tax disclosure guideline which classified ...
Crypto Group Asks IRS to Make Small Payments Tax-Free
The Wall Street Blockchain Alliance is the latest to ask the U.S. Internal Revenue Service (IRS) to consider a ‘de ...
Beware of the IRS, H&R Block Warns its Crypto Customers
U.S. tax preparation company H&R Block is advising its customers not to consider evading the Internal Revenue Service (IRS) by ...
IRS to Limit Probe into Coinbase User, US Court Advises
The U.S. Internal Revenue Service (IRS) could be made to restrict its crypto tax probe of Coinbase user William Zietzke ...
IRS Targets Crypto Trading and Gig Economy for 2020 Tax Season
The U.S. Internal Revenue Service (IRS) is directly focusing on crypto trading for the 2020 Tax Day with a checkbox ...
Why Canada’s Crypto Industry is Threatened by Tax Rules
Canadian tax authorities' approach to crypto-assets might discourage the country's citizens from using digital assets, as things like double taxation ...
Crypto Tax: De Minimis Exception Could Complicate Things for IRS
A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS ...
