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 ...
Tag: IRS
Crypto Rebellion: Industry Leaders Fight Back As US Treasury’s Tax Reporting Plan Sparks Outcry
The cryptocurrency realm is mounting a resilient resistance against impending regulatory proposals seeking to broaden the scope of entities obliged ...
IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from ...
Kraken Picks Customer Privacy Over IRS As It Fights Tax Compliance Dispute
San Francisco-based cryptocurrency exchange Kraken finds itself in the midst of a legal showdown with the Internal Revenue Service (IRS) ...
IRS Preparing Criminal Cases Vs. Wealthy Crypto Traders In Puerto Rico
The Internal Revenue Service, or IRS, along with United States prosecutors, is currently investigating crypto traders and fund managers who ...
Kraken Ordered To Unveil Customer Data In IRS Crypto Tax Probe – What’s At Stake?
Kraken, the renowned digital currency exchange based in San Francisco, has been served with a court directive by a United ...
Worldwide Cyber Showdown: IRS Deploys Cyber Attachés to Conquer Global Cybercrime
The Internal Revenue Service's (IRS) Criminal Investigation (CI) is taking a bold step in the battle against cybercrime by deploying ...
Experts Propose IRS Guidelines For Tax-Deductible Crypto Losses
The cryptocurrency sector has gained significant attention recently, with many individuals and businesses investing in digital assets. However, the volatile ...
