IRS

IRS

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Taxing All Bitcoin Buying Will Backfire for the IRS

The IRS' 2014 tax guidance may encourage cryptocurrency users to use unregulated foreign exchanges and use privacy coins like monero or zcash.

Tax

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IRS Reminds US Taxpayers to Report Crypto Earnings

The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.

IRS

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ABA to IRS: Create Safe Harbor for Forked Cryptos

The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.

U.S. income tax form

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Coinbase Tells 13,000 Users It's Sending Their Data to the IRS

Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.

tax form

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US Commodities Regulator Warns on Crypto Retirement Scams

Consumers should be wary of cryptocurrency retirement accounts claiming to be approved by the Internal Revenue Service, according to the CFTC.

cftc

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Coinbase to Customers: Don't Forget to Pay Taxes on Bitcoin Gains

Exchange and wallet startup Coinbase has taken to reminding its customers to pay taxes due on their cryptocurrency gains.

coinbase, armstrong

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Uncle Sam's Surprise: Tax Reform to Impact Crypto Investors

New provisions in the upcoming tax reform bill could have several significant repercussions on crypto holders this tax season.

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Coinbase Ordered to Hand IRS Data on 14,000 Users

A U.S. court has ordered bitcoin exchange Coinbase to disclose details of more than 14,000 customers to the Internal Revenue Service.

tax

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Make Big Money on Bitcoin Cash? The IRS Might Be Watching

Hard forks of bitcoin are creating new wealth that the U.S. tax agency will want to tax, but it's still unclear just how to report these new assets.

bitcoin, calculator

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Trumping the IRS: Could the Timing Be Right for Bitcoin Tax Reform?

With the U.S. political field looking ripe for tax reform, the cryptocurrency community could soon get much-needed clarification on IRS guidance.

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