IRS
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.
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.
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 Says Buying Crypto With Fiat Does Not Trigger Tax Reporting Rules
The IRS has narrowed the breadth of its new crypto reporting question.
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.
How a Lawsuit Against the IRS Is Trying to Expand Privacy for Crypto Users
Why is the IRS trying to keep this case out of court? Because it may have widespread implications for privacy laws involving cryptocurrency users if the IRS loses.
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.
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.
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.
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.
