Browsing Tag
#IRS
10 posts
Crypto advocates file amicus brief to address users’ Fourth Amendment privacy rights
Cryptocurrency advocacy group the DeFi Education Fund (DEF) has urged a United States court to consider the unique…
Bitcoin-friendly Cash App integrates TaxBit amid tax-filing season
Mobile payments processor Cash App has integrated crypto tax and accounting software TaxBit into its services, giving Bitcoin…
US authorities to intensify scrutiny of crypto industry in 2023
The Securities and Exchange Commission, Financial Accounting Standards Board and Internal Revenue Service are working to tighten crypto…
The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses
FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is…
New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a…
IRS prepares for an increase in crypto cases in the upcoming tax season
The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming…
A new definition of crypto comes from the IRS — Law Decoded, Oct. 17–24
IRS broadens the classification of crypto, Ripple gets another point in a case against SEC and Hong Kong…
Tax guide: crypto and Bitcoin in the U.S.
Did you buy, sell, use, or trade crypto? If so, you may owe taxes if you’re a US taxpayer. Here’s a look at what that could mean, the steps you may have to take, forms you’ll need, and how gains and losses may affect your taxes.
‘I have nothing’: Imprisoned John McAfee claims his crypto fortune is gone
Software antivirus pioneer John McAfee has told his one million Twitter followers that his entire crypto fortune is…
More IRS crypto reporting, more danger
The United States Internal Revenue Service classifies crypto as property, meaning you can trigger taxes every time you…