Latest News Of Internal Revenue Service Tag
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.