South Korean tax experts propose gradual two-step crypto taxation
Tax experts in South Korea have proposed a gradual tax imposition for crypto, starting with a low level tax trading before the transfer income tax application.
Latest IRS News
What happened to cryptocurrency: October 2019 highs and lows
As the activity over the past month shows, there have been ups and downs, but everything is pointing to a better, more fine-tuned industry.
Beware of fake IRS letters trying to con crypto taxpayers
Although it isn’t tax season, scammers are using the authority of the IRS to try and trick unsuspecting victims.
IRS vs ‘the dollar’: A case for 13,000 Coinbase customers
The actions by the IRS pirates against the 13,000 customers of Coinbase amounts to no less than an attempt to make them walk the proverbial plank.
Coinbase prompts US customers to pay taxes on crypto gains
The San Francisco-based digital currency exchange sent out 1099-K tax forms to clients in the U.S. who have made “plenty of transactions” in 2017.
Treasury, IRS team up to regulate US crypto exchanges
Anti-money laundering regulations will be stepped up as part of the U.S. government’s efforts to clamp down on criminal uses of cryptocurrency.
IRS Bitcoin Tracking Software Used ‘For Years’
The Internal Revenue Service has been using bitcoin tracking software since as far back as 2015, according to information obtained today.