IRS

During Coronavirus Pandemic, IRS Cuts Taxpayers Some Much Needed Slack

Crypto communities and the United States Internal Revenue Service haven’t exactly had a love fest over the last five years.…

Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds

Crypto-literate public accountants are concerned their clients might face Internal Revenue Service (IRS) audits and penalties for underpaying taxes on…

Fake Trading Volumes and the Price of Bitcoin: Are They Connected?

Last year, Bitwise Asset Management reported to the United States Securities and Exchange Commission that 95% of trading volume in…

Bitcoin for Business: The Tax Guide

During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of…

Crypto.​com Simplifies Crypto Tax Reporting for Its Users

Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax…

IRS Delays Tax Day to July 15, Still Monitors Crypto

Like other financial markets, crypto investors have seen wild swings and devaluations in recent weeks as Coronavirus, also known as…

Crypto Investors Should Care About the IRS Delaying Tax Payments

The United States Internal Revenue Service (IRS) will defer tax payments below $1 million from April 15 to July 15.…

US Takes Regulatory Steps for Blockchain Technology Adoption

The United States’ concerns about the rise of cryptocurrency use in illegal activities have only been growing as developments in…

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