2019-7-15 20:30 |
The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings.
Similar to Notcoin - Blum - Airdrops In 2024
2019-7-15 20:30 |
The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings.
Similar to Notcoin - Blum - Airdrops In 2024
The new IRS crypto tax rules for 2024 will increase compliance burdens and necessitate meticulous record-keeping for all crypto transactions. The post Crypto tax reporting guide 2024: IRS rules appeared first on Crypto Briefing.
2024-7-31 23:00 | |
The IRS steps up crypto regulation with Form 1099-DA, aiming for transparency and mirroring securities standards, starting in 2025. The post IRS Makes Significant Strides to Tax Crypto appeared first on BeInCrypto.
2024-4-23 17:00 | |
While crypto representatives and lawyers cautioned the U.S. Internal Revenue Service (IRS) that its crypto tax proposal is a dangerous and improper overreach, questions posed by a panel of IRS and Department of the Treasury officials at a Monday hearing may reveal some flexibility in the rule as it's still being written.
2023-11-14 23:20 | |
The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it.
2023-11-8 20:30 | |
Crypto news was abuzz recently with speculation of the U.S Internal Revenue Service (IRS) writing off the tax on income generated from unsold staked cryptocurrencies. Many, including crypto influencerThe post No, IRS may not write off taxes on crypto staking rewards so easily, claim experts appeared first on AMBCrypto.
2022-2-4 19:30 | |
The US recently implemented the infrastructure bill to include crypto activities within the regulatory scope of the Internal Revenue Service (IRS). The IRS has now stated that it expects the total crypto seizures in 2022 from money laundering and crime to come to billions of dollars.
2021-11-27 11:19 | |
Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1. 2 billion worth of cryptocurrency. The U. S. government started seizing crypto assets during the Silk Road shutdown of 2013.
2021-8-7 20:00 | |
Paying taxes on crypto has been something that the IRS has been very insistent on for quite a long time now. However, a lot of people who earn money through crypto trading still seem to believe that the nature of crypto and blockchain technology might be enough to protect them.
2021-5-10 15:41 | |
The recent John Doe summons developments indicate that the IRS is seriously interested in crypto — better to report than to be audited.
2021-4-19 19:17 | |
The US IRS has been struggling to convince US crypto users to report their crypto dealings and pay on the profits they made from trading for years now. However, it appears that its efforts did not have too much effect.
2020-10-9 11:30 | |
The US tax authority has been getting serious about cryptocurrency for quite some time. However, the US crypto users have tried their best to ignore the IRS’ warnings to carefully calculate their crypto income and include it in their reports.
2020-9-29 11:12 | |
The U. S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency transactions.
2020-9-11 13:00 | |
The US taxation watchdog is tightening the noose around crypto investors. IRS Wants to Know About Your Crypto Indulgences The US Internal Revenue System (IRS) recently released drafts of its income tax forms for 2020 which particularly asks all taxpayers whether they ever bought any crypto.
2020-8-22 15:07 | |
The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency."
2020-5-13 08:02 | |
The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold.
2020-2-6 19:00 | |
The U. S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019.
2019-12-9 19:35 | |
A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS further. The US Internal Revenue Service recently published guidance regarding the tax treatment of digital currencies.
2019-11-20 12:00 | |
The IRS has announced that it is investigating crypto kiosks and ATMs with concerns regarding tax evasions, as well as the possibility of money laundering, controlled substance purchase, and similar crimes.
2019-11-16 15:26 | |
The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of trades and transactions. The matter of cryptocurrency-related taxes has been a major question within the US for a few years now.
2019-11-15 11:42 | |
Contrary to its portrayed draconian stance on crypto taxes, the US Internal Revenue Service is playing fair. Exercising transparency in reporting numbers is the key, and may save crypto traders thousands in tax bills.
2019-11-8 20:00 | |
Crypto investors receiving new letters from the IRS Anytime a mismatch is detected between the trading profit & losses reported by the taxpayer & info received from third party, letters are sent Internal Revenue Service (IRX) is not going to rest until it has wrung every single dollar that a crypto owner needs to pay […]
2019-8-16 20:22 | |
The Internal Revenue Service (IRS) reportedly sent letters to over 10,000 crypto asset investors in the US to remind them to pay any outstanding taxes on cryptocurrency earnings.
2019-8-5 22:00 | |
Тут новости криптовалют сегодня от авторов блога «Новости криптовалют». Статья обновляется в течение дня. CoinDesk IRS может вызывать фирмы, такие как Apple, Google и Microsoft, в поисках незарегистрированных налогоплательщиков криптовалют, согласно обучающим инструкциям для своих агентов.
2019-7-13 08:58 | |
The U. S. Internal Revenue Service (IRS) could take further actions in order to tackle unreported crypto holdings individuals have. This is according to a slide deck presentation that was unveiled at an IRS cyber training session and revealed by CoinDesk.
2019-7-13 00:06 | |
The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings.
2019-7-13 20:30 | |
When it comes to dealing with emerging technologies, the IRS tends to move slowly — too slowly for Congressman Tom Emmer, one of the leading advocates for digital assets on Capitol Hill. The Minnesota Republican has reintroduced legislation to provide a “safe harbor” for holders of forked cryptocurrencies, such as Bitcoin Cash and Bitcoin SV.
2019-7-11 20:52 | |
Твиттерянка Crypto Tax Girl рассказала о том, каким методам сбора информации обучают в налоговом управлении США (IRS) специальных "криптовалютных" агентов, которые должны изучать финансовую деятельность налогоплательщиков-владельцев криптовалют.
2019-7-10 07:30 | |
A recent presentation given to US Internal Revenue Service agents in the Criminal Investigation Division reportedly shows the agency considering the use of grand jury subpoenas on firms such as Apple, Google, and Microsoft to check taxpayers’ download history for crypto-related apps.
2019-7-10 00:11 | |
The Internal Revenue Service (IRS) of the US will now use social activities from Microsoft, Google and Apple to track crypto and Bitcoin owners. The post Microsoft, Google and Apple To Track Bitcoin (BTC) And Crypto Owners appeared first on Ethereum World News.
2019-7-10 23:10 | |
A recently published U. S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.
2019-7-10 21:00 | |
In 2014, the IRS announced cryptocurrency was subject to capital gains taxes, creating an accounting nightmare lawmakers have been eager to update to add clarity and promote crypto usage.
2019-7-9 23:49 | |
After a request from a group of lawmakers, the IRS is expected to update its guidance for cryptocurrencies, first set in 2014. A July 6, 2019, report by the Wall Street Journal indicates that the U.
2019-7-9 21:00 | |
According to the Wall Street Journal, The Internal Revenue Service (IRS) is expected to update its guidance on Bitcoin tax treatment within weeks. In the meantime, members of the U. S. Congress fear that the U.
2019-7-7 23:37 | |
Last May, the U. S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance.
2019-6-27 01:10 | |
By CCN Markets: The bitcoin price rocketed past $10,000 for the first time since 2018, and crypto fans are celebrating. But they’re not the only ones noticing the budding cryptocurrency bull market.
2019-6-24 18:45 | |
By CCN Markets: U. S. citizens who have failed to report their income from crypto transactions or underreported such income now have every reason to worry. According to Bloomberg, the Internal Revenue Service has identified a couple of taxpayers who underreported their earnings from crypto income or completely failed to report such earnings.
2019-6-22 15:14 | |
By CCN Markets: The IRS will soon hunt down bitcoin users who don’t pay taxes by criminally prosecuting them en masse. That’s the prediction of IRS tax investigator Gary Alford, who says the agency is ready to clamp down on crypto tax evaders.
2019-6-14 15:51 | |
BTC bulls absorbing sell shocks IRS to clarify emerging concerns in their next update probably in Q3 2019 The IRS is set to issue another crypto tax guideline at a tentative time this year after five years of silence.
2019-6-7 21:00 | |
Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.
2019-6-7 07:00 | |
John McAfee, the famous
2019-5-28 13:02 | |
The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.
2019-5-21 20:54 | |
With Bitcoin spiking more than 120 percent since the start of 2019, the U. S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U.
2019-5-21 18:00 | |
Coinspeaker IRS to Release In-Depth Crypto Tax Guidance ‘Soon’According to the IRS, they are now working on comprehensive crypto taxation guidance, which will in-depth explore 'acceptable methods for calculating cost basis, acceptable methods of cost basis assignment, and the tax treatment of forks'.
2019-5-21 11:36 | |
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.
2019-5-21 03:50 | |
The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.
2019-5-21 23:27 | |
By CCN: Cryptocurrency maverick and U. S. 2020 presidential candidate John McAfee announced Thursday that he was going offline fearing for his life and freedom, prompting speculation and wild conspiracy theories on social media.
2019-5-18 17:41 | |
Did crypto mogul John McAfee fall overboard the Freedom Boat? Or was he seized by the IRS? The rumors started mounting after a tweet from his account stated “developing events have made it necessary for John McAfee to go dark.
2019-5-17 16:00 | |
A de minimis tax exemption in the new Token Taxonomy Act means that capital gains on crypto under $600 would not have to be reported to the IRS
2019-5-15 03:40 | |
Coinbase’s crypto debit card provider recently shut down, causing the company to move to PaySafe. The IRS will seek out transactions that can have taxes imposed on the US-based Coinbase card. Coinbase is one of the many platforms in the cryptocurrency space that continues to innovate for the sake of supporting their customers. With retail […]
2019-5-11 02:47 | |