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 ...
Tag: Internal Revenue Service
Breathe Easy, Crypto Hodlers: IRS Postpones Reporting Requirements, Simplifying Taxes
In a development that has been widely embraced by the cryptocurrency industry, the US Treasury Department and the Internal Revenue ...
IRS Seized Crypto Worth $3.5 Billion This Year, Predicts Even More In 2022
The United States Internal Revenue Service (IRS) on Thursday published its annual Criminal Investigation (CI) report. During the fiscal year of 2021, ...
IRS: Coins From Crypto Hard Forks Create Taxable Income
The Internal Revenue Service released its newest FAQ and guidelines on taxing US nationals for crypto transactions. The updated guidelines ...
U.S. Tax Collector Is After Thousands of Bitcoin Holders
U.S. tax authority, the Internal Revenue Service (IRS) has already begun sending letters to thousands of bitcoin and crypto holders ...
Singapore to Exempt Bitcoin from Goods and Services Tax
The U.S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding ...
‘They’ll Never Catch Me’ 52% of People Say About Paying Crypto Taxes
A recent poll on Twitter held amongst more than 7,500 people showed the abrogating reaction of the majority when asked ...
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 ...
