IRS

IRS Expanding Employment, Building “Hundreds” Of Crypto Cases

IRS-According to Bloomberg Tax story quoting division chief Jim Lee, the Internal Revenue Service is working on "hundreds" of soon-to-be-public…

2 years ago

2022 IRS Tax Forms More Clearly Define Digital Assets

In their 2022 IRS tax returns, American taxpayers will see a bigger, more defined category covering cryptocurrencies and nonfungible tokens…

2 years ago

US IRS May Send Summonses To Bank That Serves Customers Of The Crypto Broker SFOX In An Effort To Find Tax Evaders

A New York judge ruled on Thursday that the Internal Revenue Service (IRS) can issue a "John Doe" summons to…

2 years ago

How Do You Become A Blockchain Lawyer?

Blockchain Lawyer - There have only been a few years of blockchain technology. However, technology is now used for everything,…

2 years ago

Warren Charges TurboTax With ‘Scamming Taxpayers’ Due To Software

Senator Elizabeth Warren has written to Intuit, the company behind TurboTax, accusing them of selling programs that "scam American taxpayers…

2 years ago

IRS Will Not Tax Unsold Staked Crypto As Income

The IRS's decision to refund taxes paid on staking rewards might have far-reaching consequences for how proof-of-stake miners and stakers…

2 years ago

NFT Investors Stuck in US Tax Debt Barrier as IRS Taxes NFTs

NFT has proven to be one of the hottest industries in the crypto world. This is also the reason why…

2 years ago

President Biden signs Infrastructure Act, which stipulates the reporting obligations of brokers

President Biden signs Infrastructure Act, which stipulates the reporting obligations of brokers. After months of scrutiny by the US Senate…

3 years ago

US Congress Passes $ 1.2 Trillion Bill on Cryptocurrency Tax and More 7/11/2021

US Congress passed a $ 1.2 trillion infrastructure bill that will pave the way for a cryptocurrency tax and also…

3 years ago

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