IRS removes tax reporting doubts for in-game tokens
The Internal Revenue Service has rolled back on language that could have required gamers to report their virtual cash dealings from a number of popular video games.
Latest Internal Revenue Service News
US lawmakers make another try at certain crypto tax exemptions
A bipartisan bill is attempting to allow some crypto gains free from tax obligations.
US Congress seeks answers on taxing crypto forks, airdrops
Eight congressmen want the IRS to start providing clarity, and leniency, on crypto answers that they haven’t fully addressed yet.
IRS rejects ‘surveillance conspiracy’ as it demands Coinbase turn over user records
The Internal Revenue Service has ordered California-based cryptocurrency exchange Coinbase to turn over records about one of its users.
IRS lawyer clarified tax deferments for digital currencies
If tax payers thought they could defer on activity before 2018, the IRS says different.
Cryptocurrency tax: What you should know
While every other sector of the crypto industry has become better with time, taxation continues to be unnecessarily difficult thanks to regulatory ambiguity and outdated technology.
Do you own crypto? The IRS wants to know
The U.S. Internal Revenue Service (IRS), the agency responsible for collecting federal taxes in the country, is tackling cryptocurrency.
IRS: Hard forks not taxable if no new crypto is received
There’s no doubt that the cryptocurrency ecosystem carries with it a lot of implications tied to legal issues, financial issues and even tax issues.
A little advice for all those unpaid crypto taxes
A tax expert weighed in on what you should do about those unpaid crypto taxes.
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.
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.
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.