IRS


Video

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 and how low it might go. Plus, a discussion of the future of IRS regulations on the crypto industry.

CoinDesk placeholder image

Video

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 catching up to the crypto markets? "The Hash" panel debates.

Recent Videos

Mercati

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.”

irs (1)

Politiche

IRS Says Buying Crypto With Fiat Does Not Trigger Tax Reporting Rules

The IRS has narrowed the breadth of its new crypto reporting question.

IRS 1040 2020

Video

Harper vs. IRS Lawsuit: Why it Matters for Crypto Investors

The IRS responds to a 2020 lawsuit filed by James Harper who accused the tax agency for illegally obtaining his financial records from Coinbase. Benjamin Powers and The Hash team discuss why this case matters and the impact it could have on privacy laws for crypto exchanges.

Recent Videos

Mercati

Bitcoin ‘Underperforms’ During Tax Time: Analysis

Bitcoin's price is going down for many reasons including traders who realized gains last year selling to pay their tax bills.

1040Mosh4

Mercati

Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS

Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.

IRSMosh2

Mercati

IRS Again Warns Crypto Investors They Under-Reported Gains

For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But it may be a false alarm again.

MOSHED-2020-7-13-19-5-50

Politiche

PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers

PayPal opening its network to cryptocurrencies could create a serious tax headache for users.

taxesss

Politiche

Tax Payers Needn't Disclose Merely Holding Crypto: IRS Draft 2020 Guidance

The U.S. tax agency has clarified who needs to answer "yes" to a question over cryptocurrency activity included in the draft 1040 income tax form.

The IRS has released a draft version of the 2021 1040 form.