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IRS
Coinbase Offers US Feds New Crypto Surveillance Tools
Coinbase Analytics vaults the massive crypto exchange into a crowded field of blockchain tracing companies all vying for millions of federal dollars.
IRS Solicits Contractors to Help Examine Crypto Traders' Tax Returns
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."
Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds
Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey.
IRS Crypto Summit Was About the Exchange of Ideas, Not Tax Guidance
No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry.
Uphold Teams With TaxBit to More Accurately Report Users' Crypto Trades
Uphold is launching a real-time tax liability dashboard with the help of TaxBit, allowing users to more easily understand and file their taxes.
Ex-Microsoft Engineer Used Bitcoin to Help Embezzle Millions From Tech Giant
The software engineer used bitcoin mixers to help obfuscate the source of the stolen funds.
The IRS Is Inviting Crypto Firms to a 'Summit' in DC Next Month
The IRS will hold a summit to better inform its thinking around taxing cryptocurrencies next month.
IRS Refused to Clarify Its Crypto Tax Guidance Isn't Binding, US Watchdog Says
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.
DISCUSSION: US Crypto Taxes Are a Nightmare. Could These Proposals Help?
Nobody likes taxes but for U.S.-based blockchain users things can be particularly awful. This week we discuss U.S. tax treatment of "virtual currencies" and how scams find a home wherever opportunity exists, at least for a while.
US Lawmakers Ask IRS to Clarify Crypto Tax Rules Around Airdrops, Forks in New Letter
Congressmen are again asking the IRS for clarity on its recent cryptocurrency tax guidance.
