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IRS

Ohio lawmaker proposes bill for stricter digital currency tax reporting
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26 April, 2021

Ohio lawmaker proposes bill for stricter digital currency tax reporting

Senator Rob Portman said he hoped the bill would attract bipartisan support, as a measure for tackling the problem of...
IRS to crack down on digital currency tax evaders in 2021: former chief
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7 January, 2021

IRS to crack down on digital currency tax evaders in 2021: former chief

In a recent op-ed, former head of the IRS Criminal Investigation Division Dan Fort warned the tax agency will shift...
IRS clarifies digital currency tax form instructions
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5 January, 2021

IRS clarifies digital currency tax form instructions

The IRS has released revised draft instructions that clarify the approach digital currency owners should take when it comes to

Digital currency evolves in the eyes of IRS
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17 December, 2020

Digital currency evolves in the eyes of IRS

The days of digital currency being used in unmarked trades that result in profit or loss are over–and that’s not...
IRS wrongfully sending digital currency tax warnings
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24 November, 2020

IRS wrongfully sending digital currency tax warnings

The IRS has wrongfully sent digital currency traders notices that claim the traders under-reported their earnings from digital currency trading.