IRS: Only 800 People Reported Bitcoin Earnings Per Year

Taxing times continue at Coinbase as the Internal Revenue Service (IRS) reveals only 800 people report Bitcoin gains on returns annually. IRS: 800 People Per Year Reporting...

Wilma Woo | Mar 20, 2017 | 06:00
Bitcoin Acceptance

Fiverr No Longer Accepts Bitcoin After ‘Purely a Business...

Was getting ready to use the very popular website for online services, Fiverr, yesterday, and discovered they are taking a step back with their business for 2017. The Bitcoin payment...

Evander Smart | Jan 23, 2017 | 09:00

Coinbase vs IRS: CEO Says Broker Tax Forms ‘Potential...

Coinbase CEO Brian Armstrong has suggested US cryptocurrency businesses adopt broker-style bureaucracy to achieve a better relationship with the taxman. 1099-B ‘Potential...

William Suberg | Jan 15, 2017 | 07:00
Bitcoin Taxes

The Empire Strikes Back: IRS Counters Coinbase Customer’s Action

Two weeks ago, managing partner of Berns Weiss LLP Jeffrey K. Burns filed a motion to set aside the “John Doe” summons against any and all American Coinbase customers. Today, the...

Evander Smart | Dec 29, 2016 | 02:30

Coinbase Nightmare Continues With New $8m Cryptsy Lawsuit

Desperate times continue at Coinbase – while one user has filed a motion to block IRS access to its records, a law firm is now suing the company for an alleged role in an $8.2...

William Suberg | Dec 16, 2016 | 06:07

‘If SegWit Doesn’t Pass, It’s Likely Nothing Else...

Wall Street veteran and Bitcoin enthusiast Tone Vays shared his insights with Bitcoinist on SegWit, Coinbase and the IRS, Ethereum, and Donald Trump.  Interview with Tone Vays...

Allen Scott | Dec 08, 2016 | 03:05
The IRS hasn't Forgotten About You

IRS Sees Bitcoin Transfers as ‘Taxable’ Events [UPDATE]

Editor’s note and technical retraction: The original version of this article published December 2 inaccurately represented comments made by Daniel Winters. We have removed these...

Allen Scott | Dec 02, 2016 | 06:14
Bitcoinist IRS
Bitcoin Regulation

Coinbase: Cali Court Approves IRS Blanket Data Demands

A California district court has upheld a request by the US Internal Revenue Service (IRS) to snoop on the transaction records of virtual currency exchange Coinbase. Also read: BITCOIN...

William Suberg | Dec 01, 2016 | 07:00

Node40 Financial Reporting Service a Compliance Savior?

Node40 has a reputation for establishing a stable hosting environment with ceaseless uptimes, and is becoming well known within the Dash ecosystem due in large part to the company’s...

Bitcoinist | May 27, 2016 | 09:00
Breaking News

How Bitcoin Will Make GoPro Awards Even Better

GoPro is proving to be a different company than most people had ever imagined. Not only does GoPro make some of the world’s most commonly used camera hardware, but they are also...

Jp Buntinx | Oct 14, 2015 | 12:38

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