The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies

The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and…

IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt

The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland…

Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency

While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question…

How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus

Tax season is one of the most dreaded times of the year for many, and when…

The IRS Is Inviting Crypto Firms to a ‘Summit’ in DC Next Month

The Internal Revenue Service has invited a number of undisclosed crypto startups to a summit on…

Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto…

IRS Does Not Consider Fortnite Money as Virtual Currency After All

The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples…

IRS Refused to Clarify That Its Crypto Tax Guidance Isn’t Binding, US Watchdog Says

The Internal Revenue Service (IRS) should – but won’t – clarify how taxes are levied on…

IRS Explains What Crypto Owners Must Know to File Taxes This Year

Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important…

Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance

Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from…