IRS Approved to Seek Records of Kraken Users Transacting Over $20K in Crypto
A U.S. federal court authorized the move Wednesday.
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May 6, 2021 at 7:32 a.m. UTC
May 6, 2021
IRS
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Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
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Apr 6, 2021 at 9:19 p.m. UTC
Apr 6, 2021
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State of Crypto: The IRS Sets Its Sights on Circle
The IRS has issued a John Doe summons to Circle, in a repeat of its collection of Coinbase customer information. What has changed since then?
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Apr 6, 2021 at 1:30 p.m. UTC
Apr 6, 2021
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New Jersey Man Admits to Running Unlicensed Bitcoin Exchange
The erstwhile operator of “Destination Bitcoin” could face up to five years in federal prison and a $250,000 fine.
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Apr 5, 2021 at 7:12 p.m. UTC
Apr 5, 2021
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The IRS Seeks the Names of Circle Customers Transacting Over $20K in Crypto
The IRS is seeking to know who is transacting in crypto and who isn’t paying taxes on those transactions. The agency is now trying to get the names of Circle customers who mad...
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Apr 5, 2021 at 6:40 p.m. UTC
Apr 5, 2021
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IRS Seeks Names of Circle Customers Transacting Over $20K in Crypto
A federal court is supporting a request from the IRS to obtain the records of Circle customers, the Department of Justice said Thursday.
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Apr 1, 2021 at 9:29 p.m. UTC
Apr 1, 2021
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Reasons for a Sudden Drop in Bitcoin’s Price; What’s Next
Bitcoin’s price fell about 10% with $6B in options set to expire tomorrow. Edward Woodford of Zero Hash analyzes the crypto markets, what might have been behind the BTC drop a...
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Mar 25, 2021 at 8:07 p.m. UTC
Mar 25, 2021
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How the IRS Plans to Root Out Crypto Tax Evasion
“Operation Hidden Treasure” sounds fun, but it’s actually a new IRS plan to uncover and tax unreported crypto income. Is this an overreach or government regulations finally ca...
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Mar 9, 2021 at 12:54 a.m. UTC
Mar 9, 2021
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IRS Initiates ‘Operation Hidden Treasure’ to Root Out Unreported Crypto Income
“These transactions are not anonymous,” the IRS' national fraud counsel said. “We see you.”
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Mar 7, 2021 at 8:22 p.m. UTC
Mar 7, 2021
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IRS Says Buying Crypto With Fiat Does Not Trigger Tax Reporting Rules
The IRS has narrowed the breadth of its new crypto reporting question.
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Mar 3, 2021 at 6:17 p.m. UTC
Mar 3, 2021