IRS

Coinbase User Failed To Protest IRS Access To His Data

US District Court Judge dismissed Coinbase user's request to the Internal Revenue Service (IRS) to obtain personal data from Coinbase…

1 year ago

IRS Supports Ukraine In Crypto War Against Russia

In pursuing sanctions evaders, the IRS criminal investigative division is increasing engagement with peers abroad.

1 year ago

FTX Creditors Lose $44B Battle To IRS In Bankruptcy Case

The Internal Revenue Service (IRS) has made a claim of $44 billion in taxes relating to FTX, Alameda Research, and…

1 year ago

IRS Claims $44 Billion Against Bankrupt FTX, Alameda Research LLC Owes $20B

The IRS claims nearly $44 billion against bankrupt crypto exchange FTX and its affiliates, including $20.4 billion against Alameda Research…

1 year ago

Ohio 712 Bitcoin Thief Faces 40 Years In Jail

Gary James Harmon of Ohio was sentenced to four years and three months in jail for stealing 712 Bitcoin from…

1 year ago

Kraken Asks Court To Deny IRS Request To Identify Its Crypto Customers

Kraken has applied to the federal court in San Francisco to refuse the request of the IRS.

1 year ago

IRS To Invest $80 Billion In Workforce And Technology To Improve Tax Enforcement

The IRS plans to hire almost 30k employees & launch new tech in the next 2 years with an $80B…

1 year ago

IRS Requires Taxpayers To Report Crypto Income For 2022

Key Points: IRS released a list of reporting requirements for the general public dealing with cryptocurrencies. Three tax forms, the…

1 year ago

IRS Delays $600 Tax Threshold For Third-party Payment Platforms

The Internal Revenue Service (IRS) says that further clarification is required before launching the implementation of its new $600 reporting…

1 year ago

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