11-13-2024 
IRS
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3 May, 2024
Roger Ver’s arrest is bad news for some, good news for the rest of us
Roger Ver’s arrest by U.S. authorities on tax evasion charges could signal a turning point in the digital asset sector’s...
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19 January, 2024
New IRS reporting requirements for digital assets put on ice—for now
New rules mandating firms to report digital asset transactions of over $100K won't take effect for now, with the IRS...
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6 December, 2023
Binance tipped ‘VIP’ market-makers months before US legal settlement
Binance's U.S. lobbying spending didn't immunize itself from its legal woes, as more difficulties could arise following revelations that the...
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1 May, 2023
Kraken ask court to intervene against IRS demands
In a petition filed in San Francisco, Kraken argued that it should not be required to comply with “the enormous...
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8 November, 2022
IRS braces for spike in digital asset tax fraud in coming weeks
Jim Lee, head of the IRS criminal investigation department, noted that the cases are in their “hundreds,” with the bulk...
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16 December, 2021
IRS updates digital currency question in 1040 tax form
The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
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12 October, 2021
Everyone has a role to play in combating crypto crooks
The final day of the CoinGeek Conference in New York saw Bitcoin Association Founding President Jimmy Nguyen moderating a panel...
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14 June, 2021
Closing the tax gap through digital asset issuers
In his latest piece, Johnny Jaswal offers strategies on closing the tax gap via digital assets—with a focus on digital...
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1 June, 2021
IRS right to tax mined digital currency as income under consideration in federal court
The court heard arguments from a Tennessee couple who were charged tax on the creation of 8,876 units of Tezos...
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24 May, 2021
US proposals could require reporting digital currency transactions over $10K to IRS
New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions...
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20 May, 2021
Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets
The Safe Harbor for Taxpayers with Forked Assets Act seeks to protect taxpayers that own forked assets from any penalties...
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19 May, 2021
IRS: We will seize digital assets for taxes owed
The IRS says it is improving its ability to track users' digital asset holdings and even seize those assets if...
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