
Internal Revenue Service
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15 September, 2021
Digital currency tax guidance still a priority for IRS
The IRS released a joint Priority Guidance Plan for ‘21-‘22 with Treasury and it lists its intention to issue tax...
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5 January, 2021
IRS clarifies digital currency tax form instructions
The IRS has released revised draft instructions that clarify the approach digital currency owners should take when it comes to
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22 December, 2020
Man behind $4M unregistered digital currency business indicted in US
Brannen Mehaffey processed at least $4 million from January 2018 to March 2020 worth of digital currencies, according to federal...
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28 August, 2020
IRS sends new batch of ‘crypto letters’ to taxpayers
There are three types of letters, each indicative of the degree to which the IRS thinks individuals are underreporting digital...
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7 August, 2020
Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards
In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax...
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21 July, 2020
IRS now focusing on privacy coins, Lightning Network, and side chains
IRS’s new Initiative should not come as a shock to investors paying close attention to legal developments or those who...