IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency

2019-5-21 03:50

By CCN: Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority. The latest IRS acknowledgment of crypto taxation issues is in response to members of Congress.

Last month, they fired off a list of demands to the agency, leading to a positive response. Crypto players immediately took notice. We Need IRS Guidance Now Congressman Tom Emmer (R-MN) and his fellow co-chairs of the Congressional Blockchain Caucus wrote the IRS about issuing guidelines for “reporting virtual currency on tax day. ” In the letter,

The post IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency appeared first on CCN

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irs crypto tax investors response agency rules

Источник: ccn.com

irs crypto → Результатов: 64


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Fitness coach takes IRS to court again in battle for crypto staking reward tax precedent

Fitness coach and part-time crypto investor Josh Jarrett has filed a lawsuit against the US Internal Revenue Service (IRS) over its tax policy on staking rewards. In an Oct. 10 post on X, Jarrett shared that his 2021 attempt to clarify the issue was inconclusive as the IRS offered him a refund without addressing whether […] The post Fitness coach takes IRS to court again in battle for crypto staking reward tax precedent appeared first on CryptoSlate.

2024-10-11 16:39


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IRS Launches International Crypto Tax Enforcement Coalition

The US Internal Revenue Service has launched an international joint task force focusing on cryptocurrencies in order to investigate crypto-related tax evasion and money laundering. Announced on Monday, the Joint Chiefs of Global Tax Enforcement (J5) will see tax enforcement agencies form the US, UK, Australia, Canada, and the Netherlands in join forces in order […] The post IRS Launches International Crypto Tax Enforcement Coalition appeared first on CryptoSlate.

2018-7-5 19:00


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