IRS

How Will a U.S. Treasury Department Proposal Affect Crypto Markets?
How Will a U.S. Treasury Department Proposal Affect Crypto Markets?
In a report released Thursday, the Treasury Department said it plans to require businesses to disclose crypto transactions over $10K to the IRS. CoinDesk’s Nik De breaks down...
How Will a U.S. Treasury Department Proposal Affect Crypto Markets?

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US Treasury Calls for Businesses to Report Crypto Transfers of More Than $10K to the IRS
The report highlighted virtual currencies and cash as potential ways to hide income from the government.
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US Congressman Reintroduces Bill With Tax Protections for Investors With Forked Crypto Assets
The legislation would outlaw penalizing taxpayers until the IRS clarifies its policies.
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Crypto Enforcement Has Made the IRS Over $20M
Crypto Enforcement Has Made the IRS Over $20M
The IRS’s crypto enforcement is literally paying off. According to Bloomberg Law, the government agency has brought in over $20 million from crypto enforcement actions. “The H...
Crypto Enforcement Has Made the IRS Over $20M

Binance CEO Downplays Reports of Money-Laundering Investigation
Binance CEO Downplays Reports of Money-Laundering Investigation
The Binance cryptocurrency exchange is reportedly under investigation by the DOJ and IRS, but founder and CEO Changpeng Zhao says the headlines sound more dramatic than the st...
Binance CEO Downplays Reports of Money-Laundering Investigation

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DOJ, IRS Investigating Crypto Exchange Binance: Report
The world’s largest crypto exchange by volume is the subject of a U.S. money-laundering investigation, Bloomberg reported Thursday.
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IRS Will Seize Crypto Assets on Failure to Pay US Taxes: Official
Crypto is treated by the IRS as property for U.S. tax purposes and can be seized in the same way, an official said.
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IRS Taps TaxBit to Audit Bulk Crypto Transactions
TaxBit will aggregate transaction data and ensure that the right figures were reported by the taxpayer.
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How to File Your Crypto Taxes (and Not Get Screwed)
Here are seven things you need to know about cryptocurrency taxes.
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Kraken Ordered to Provide IRS User Info for Transactions Over $20K
Kraken Ordered to Provide IRS User Info for Transactions Over $20K
A U.S. court has ruled that Kraken must comply with a “John Doe” summons that allows the IRS to track down users who transacted more than $20K in crypto on the exchange betwee...
Kraken Ordered to Provide IRS User Info for Transactions Over $20K