Browsing Tag
IRS
12 posts
Crypto may Soon be Under Regulation of Wash Sale Rules
In an unexpected series of events, Cryotocurrency might soon be subject to the dictates of a new Wash…
Crypto Couple Tells Federal Court That Minted Coins are not Taxable, Asks IRS for Refund
In a complaint filed by a crypto investor couple in an American court, they argued that the digital…
Crypto Market Loses $150 Million in 1 Hour as IRS Investigates Binance
The cryptocurrency market has once again taken another huge dive as the United States Department of Justice investigates…
Binance is Being Investigated by the IRS and DOJ
A report by Bloomberg has revealed that the leading crypto exchange, Binance, is currently under investigation by the…
Court Orders Kraken to Provide Information on User Transactions to IRS
In Northern California, the famous crypto exchange Kraken has been ordered by a court to provide the data…
US Justice Department Says An ICO Fraudster Pleads Guilty To Acquiring $7 Million COVID-19 Relief
American authorities revealed that an ICO fraudster pleaded guilty to illicitly obtaining as much as $7 million coronavirus…
IRS Summonses Crypto Account Holders as South Korea Continues Crackdown
There is no doubt that this year has been the best of Bitcoin, but it turns out that…
IRS Digitalization Project Aims to Find Crypto Misconducts Using AI
While the adoption of cryptocurrency has grown over the years, the Internal Revenue Service (IRS) said that tax…
IRS Goes After Crypto Tax Cheats
Authorities are taking cryptocurrencies seriously and are going after anyone who has been using this market to perpetuate…
IRS Could Levy 20% Crypto Tax on NFT Purchases From Crypto Gains
Thinking of paying for that digital collectible you’ve always been dreaming of using your crypto wallet? Then think…