Browsing the "IRS" Tag

What to Expect When the IRS Alters Its Bitcoin Tax Policy

| Anna Baydakova

Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

The FBI Is Looking for QuadrigaCX Victims

| Nikhilesh De

The FBI published a questionnaire for potential victims of QuadrigaCX on Monday.

IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014

| John Biggs

The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.

US Income Tax Payers Can Now Get Refunds in Bitcoin

| Yogita Khatri

Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin through Bitpay and Refundo.

21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

| Nikhilesh De

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

IRS Advisors Call for More Tax Guidance on Crypto Transactions

| Nikhilesh De

An advisory group to the U.S. tax agency has called for clearer guidance around how cryptocurrency transactions are taxed.

US Lawmakers ‘Strongly Urge’ IRS to Update Crypto Tax Guidance

| Nikhilesh De

U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.

International Task Force Notes Use of Cryptocurrencies in Financial Crime

| Muyao Shen

Tax authorities from five different nations are coming together to combat international financial crimes, with a focus on cryptocurrencies.

Prosecutors: Options Seller Duped Investors With ‘Worthless’ Crypto

| Nikhilesh De

A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token.

Crypto Hedge Funds Face Tough Choices on Tax Day

| Jon Brose and Brett Cotler

Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.