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IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings

The United States’ Internal Revenue Service is in the news again after a new method of its to keep a tab on those who evade tax on their cryptocurrency earnings came to the fore. According to a 181 slide presentation, James Daniels, IRS-CI’s cyber-crime program manager, laid out a plan of extracting information from taxpayers, […] The post IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings appeared first on AMBCrypto. дальше »

2019-7-10 02:30


US Traders Beware: IRS Prepares Notices after Identifying Crypto Tax Evaders

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. дальше »

2019-6-22 15:14


Analyzing Cryptocurrency Taxes, The Investing In Opportunity Act And Economic Zone Investment

Economic Development Zones And Crypto Tax President Trump’s 2017 tax cut features a section on how real estate and other taxable assets will be treated under the tax provisions. The section, known as Investing in Opportunity Act and Opportunity Zone Investment Program, may enable investors to defer and eliminate their future capital gains in what […] дальше »

2019-5-2 20:20