Latest News Of Internal Revenue Service Tag

A little advice for all those unpaid crypto taxes

Business 27 August 2019

A little advice for all those unpaid crypto taxes

A tax expert weighed in on what you should do about those unpaid crypto taxes.

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Fresh round of IRS letters targets misreporting crypto traders

Business 15 August 2019

Fresh round of IRS letters targets misreporting crypto traders

The IRS is now getting much more specific and targeted in how it goes after traders.

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Brazil rolls out new tax reporting requirements for crypto transactions

Business 2 August 2019

Brazil rolls out new tax reporting requirements for crypto transactions

Brazil’s Internal Revenue Service (IRS) now requires those engaged in cryptocurrency transactions to report their activities.

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IRS goes after crypto taxation, but it’s doing it all wrong

Interviews 31 July 2019

IRS goes after crypto taxation, but it’s doing it all wrong

Despite sending out thousands of letters, it’s evident that the Internal Revenue Service needs to update its vague regulations to tackle the evolving cryptocurrency space.

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US taxman tries to force tech giants to report users’ crypto activity

Business 10 July 2019

US taxman tries to force tech giants to report users’ crypto activity

The Internal Revenue Service (IRS) in the U.S. is looking to require tech companies to share crypto-related transactions by users, according to report.

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Formulating crypto tax guidelines is priority, IRS tells Congress

Business 22 May 2019

Formulating crypto tax guidelines is priority, IRS tells Congress

Responding to congressional pressure, the IRS admits it needs to do a lot more to tax cryptocurrencies.

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Lawmakers want IRS to issue urgent guidance on crypto taxes

Business 15 April 2019

Lawmakers want IRS to issue urgent guidance on crypto taxes

Twenty-one lawmakers has sent a bipartisan letter to the Internal Revenue Service (IRS) requesting guidance on crypto taxes.

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Short-term investor loses increase in 2018

Business 5 April 2019

Short-term investor loses increase in 2018

Recent filings to the Internal Revenue Service indicate that short term crypto investors are having a harder time than long-term ones.

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IRS takes 5 years to respond to Bitcoin FOIA request

Business 5 April 2019

IRS takes 5 years to respond to Bitcoin FOIA request

After taking as long as they could, the IRS has finally provided a reporter with documents about their Bitcoin policies from 2014.

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McAfee to run 2020 bid from international waters after IRS ‘exile’

Business 24 January 2019

McAfee to run 2020 bid from international waters after IRS ‘exile’

Eccentric entrepreneur and famous crypto enthusiast John McAfee has fled the United States after being indicted by the Internal Revenue Service (IRS), as he prepares his run for U.S. presidency in 2020.

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US spent millions attempting to track crypto users: report

Business 26 September 2018

US spent millions attempting to track crypto users: report

A new report showed that the US government has spent a total of $5.7 million on contractors to conduct blockchain analysis and track the origins of cryptocurrency transactions.

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US lawmakers want IRS to clarify guidelines on crypto tax

Business 21 September 2018

US lawmakers want IRS to clarify guidelines on crypto tax

Five legislators in the United States have sent an open letter to the Internal Revenue Service (IRS), urging the tax agency to update its cryptocurrency tax guidelines.

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