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 ...
Tag: IRS
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 ...
IRS Not Happy with ‘Reporting Gap’ from Coinbase Users
The IRS is vigorously pursuing its case against Coinbase as it announces a "reporting gap" where only 0.2% of Coinbase ...
Using Bitcoin to Buy Things Could Trigger IRS Tax Bill
Using Bitcoin to buy everyday things, such as a burger, could trigger a tax bill from the IRS due to ...
IRS Hopes to Catch Bitcoin Tax Cheats With Blockchain Tracking Software
The IRS is hoping to use the Reactor software by Chainalysis to track Bitcoin movement from wallet to wallet and ...
Judge Slams IRS, Allows User to Challenge Case on Coinbase
In a contentious ongoing case between the IRS and Coinbase, a user of the exchange was granted the right to ...
