Tag: IRS

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IRS turns up heat on crypto ahead of April 15 tax deadline. Here’s what you need to know before filing

The US tax filing deadline is April 15 so crypto investors should be proactive, experts say.The IRS is focusing on criminal tax evasion linked...

Two-thirds of crypto investors unaware of new IRS tax rules that could cost them thousands of dollars, Coinbase and CoinTracker warn

Nearly two-thirds of US crypto investors are heading into tax season unaware of new reporting rules that could cost them up to $100,000, says...

Coinbase User IRS Block Petition Dismissed After Procedural Failure

A California court on Wednesday dismissed a Coinbase user’s attempt to block an IRS summons for his financial records, in at least the second...

IRS Proposes Crypto Exchanges Shift to Mandatory Electronic Tax Documents

The US Internal Revenue Service (IRS) is seeking to require electronic delivery of tax forms to crypto exchange users. Under the current rules, exchanges...