Tag: IRS
Coinbase Launches New Crypto Tax Calculator
Digital currency exchange Coinbase has launched a new gains/losses tax tool in its attempt to make it easier for its user base to report U.S.…
Australian Government to Track Down Investors Liable to Pay Bitcoin Tax
The Australian government is reportedly going to track down investors who may be liable to pay for their bitcoin tax, according to a report. To…
Deloitte Blockchain Tax Head: Misconception on Reporting Cryptocurrency Tax
The blockchain tax lead at Deloitte has said there is a misconception that investors only have to report their cryptocurrency tax when their coins have…
IRS may Introduce Bitcoin Cash Tax Guidelines Soon
The topic of Bitcoin taxation has always been a topic of substantial debate. After all, many people feel they don’t owe the IRS any taxes…
Coinbase CEO Estimates Fighting IRS Summons In Court Costs Up To US$1m
Coinbase remains a prime target of investigation for the IRS regarding Bitcoin transaction being used to evade taxes and launder money. If the company were…
Coinbase Customer’s Motion To Oppose IRS Investigation May Not Succeed
The debacle between Coinbase’s IRS Summons and its user base are from resolved. Even though one of the exchange’s customers wants to intervene in this…
IRS Receives Court Approval To Investigate Coinbase Users’ Bitcoin Behavior
Things are not looking all that great for Coinbase exchange users right now. About a week ago, the IRS mentioned they were inquiring about Coinbase…
IRS Requests Two Years Worth of Bitcoin User Transaction Records From Coinbase
Coinbase is a Bitcoin exchange that seems equally loved and hated by community members. The platform has also caught the attention of the IRS, who…
FinCEN and IRS to Create Bitcoin Training Program for Tax Examiners
Bitcoin, since its inception has managed to gather a lot of dirt due to its usage for criminal activities. Bitcoin is notoriously known for its…
