Browsing the "IRS" Tag

The IRS Will Now Ask if You Own Crypto in the Most Widely Used US Tax Form

| Anna Baydakova

The IRS has updated the main form filled out by individual U.S. taxpayers every year to include a question about cryptocurrencies.

The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years

| Anna Baydakova

For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know.

CipherTrace Scout App Takes Crypto Investigations Mobile

| Danny Nelson

Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.

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New IRS Warning Letters Target Crypto Investors Who Misreported Trades

| Nikhilesh De

The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions.

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

| Nikhilesh De

Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect.

North Carolina Congressman Reintroduces Crypto Tax Bill

| William Foxley

Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code

IRS Says It’s Sending Warning Letters to US Cryptocurrency Owners

| Stan Higgins

The IRS has begun contacting U.S. taxpayers, warning them about possible back taxes owed on their crypto holdings.

IRS Confirms It Trained Staff to Find Crypto Wallets

| Anna Baydakova

The IRS may subpoena tech firms like Apple, Google and Microsoft in search of taxpayers’ unreported crypto holdings. 

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.