Tag:IRS

Cautions, Crypto-holders!: Any crypto balance unreported in your tax return can set you in a mess with the IRS

Cryptocurrency has been thriving throughout 2020 and booming in 2021 so far. Not only the investors and market enthusiasts but also different federal agencies...

Judge Denies Crypto Trader’s Petition to Prevent IRS from Accessing Records at Bitstamp

A judge in the state of Washington has denied a cryptocurrency traderโ€™s petition to prevent the Internal Revenue Service (IRS) from accessing records of...

Will IRS Take A Bite Out Of Crypto’s Wild Ride?

April is months away, but tax season is likely top of mind for crypto holders. To that end, in the United States, the Internal Revenue...

IRS Updates Cryptocurrency Tax Guidance, Forked Coins Now Liable

New revisions to the US tax code now makes coins received from chain splits, such as the Bitcoin Cash and Bitcoin SV forks, a...

The Dreaded IRS Letter Hit Your Doorstep? Here’s What to Do

The IRS has already begun sending out letters targeting cryptocurrency investors and traders who they believe have failed to report or who have misreported...

The IRS Is Blindly Coming After Cryptocurrency Traders – Here’s Why

The IRS Is Blindly Coming After Cryptocurrency Traders - Here's Why Authored by...

IRS Sends 1000s Of “Fishing” Letters To Crypto Users

Authored by Marie Huillet via CoinTelegraph.com, Theย United Statesย Internal Revenue Service (IRS) is sending letters to crypto investors to apparently scare them into accurately reporting their...

IRS is warning thousands of cryptocurrency holders to pay their taxes

Omar Marques | LightRocket | Getty ImagesIf you own bitcoin or other cryptocurrencies, you might want to check your mailbox.The Internal Revenue Service is...

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Thousands Protest In El Salvador Against Bitcoin As Legal Tender

El Salvador became the first country to adopt Bitcoin as their legal tender some months ago. Well, the decision...
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Cardano’s New Alonzo Upgrade Already Showing Positive Signs

The highly anticipated Alonzo upgrade on Cardano has started showing some remarkable results. The team reported that Alonzo has...

Ethereum Vs. Bitcoin Vs. Dogecoin – Which One Is Right For You?

If you are planning to invest in cryptocurrency for the first time, choosing the right digital money is the...

Must read

Thousands Protest In El Salvador Against Bitcoin As Legal Tender

El Salvador became the first country to adopt Bitcoin...

Cardano’s New Alonzo Upgrade Already Showing Positive Signs

The highly anticipated Alonzo upgrade on Cardano has started...