The Internal Revenue Service’s latest response in its ongoing privacy lawsuit with James Harper is in, and it seems the U.S. government tax agency is… Read More »How a Lawsuit Against the IRS Is Trying to Expand Privacy for Crypto Users
January ushers in a new tax season. It is also, historically, a time when bitcoin underperforms relative to the other months of the year. Some… Read More »Bitcoin ‘Underperforms’ During Tax Time: Analysis
Cryptocurrency exchange Coinbase has decided to discontinue sending customers 1099-Ks, the U.S. tax form which led the Internal Revenue Service (IRS) to mistakenly think traders… Read More »Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
For the second year in a row, the Internal Revenue Service (IRS) is warning cryptocurrency investors they underreported their holdings. But it may be another… Read More »IRS Again Warns Crypto Investors They Under-Reported Gains
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial… Read More »Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial… Read More »Bitwage Rolls Out Tax Calculator Tool as IRS Ramps Up Crypto Pressure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial… Read More »IRS, Ignoring Its Own Watchdog, Sends Letters About Crypto Taxes Once Again
Crypto holders earning new tokens by staking their coins might be at risk of being overtaxed, believe several members of Congress. Four lawmakers wrote a… Read More »US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed
Get the Latest from CoinDesk Sign up for our newsletter Money Reimagined First Mover Crypto Long & Short Blockchain Bites By signing up, you will… Read More »IRS Seeks Elliptic’s Crypto Tracing Software in Response to COVID-19
The Internal Revenue Service has become the second U.S. government agency to license Coinbase’s cryptocurrency tracing software, Coinbase Analytics. Disclosure The leader in blockchain news,… Read More »IRS Enlists Coinbase in Latest Crypto Tracing Deal
Get the Latest from CoinDesk Sign up for our newsletter Money Reimagined First Mover Crypto Long & Short Blockchain Bites By signing up, you will… Read More »IRS Sued by Ex-Coinbase User Over Seizure of Financial Records
Roughly four hours into a phone call with a TurboTax representative, in which she had to sort through the company’s own internal resources in order… Read More »Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’
