CFTC Chairman: Bitcoin Suited for ‘Long-Term Buy and Hold Strategy’
CFTC Chairman Christophe Giancarlo went on record, saying that Bitcoin, alongside a lot of other cryptocurrencies share elements of different ...
Tag: IRS
Tax Attorney: Blockchain Immutability ‘Does Make The IRS Smile’ (Interview)
Bitcoinist spoke with Alexander Stern, legal attorney and founder of Attorney IO, to unpack the complexities related to Bitcoin and ...
Crypto Investors Could Inadvertently Commit ‘Potential Felony,’ Tax Expert Says
As tax day rapidly approaches, there's no lack of uncertainty amongst tax professionals regarding cryptocurrency investors purchasing digital assets through ...
‘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 ...
G20 Set to Determine if Cryptocurrencies Should be Defined as Assets
Cryptocurrencies, or at least defining the term, seem to be a hot topic at the current G20 summit. In fact, ...
Coinbase Gives IRS More Than 10K Users’ Information
After fighting the IRS in court, popular digital currency marketplace Coinbase has been ordered by the Northern District of California ...
IRS Stymied Over American Cryptocurrency Traders’ Reluctance to Report Earnings
As cryptocurrency investors continue to see gains, it appears they're also continuing to stay quiet about their earnings to avoid ...
