Last Updated on November 14, 2023 by Paganoto
IRS conducting electronic surveillance in attempt … – CryptoSlate
IRS conducting electronic surveillance in attempt … – CryptoSlate
The search doesn’t stop there. The IRS will pull personally identifiable information and public addresses posted to Facebook, Twitter, Reddit, …
The IRS is Receiving Thousands of Coinbase Users' Information
The IRS is Receiving Thousands of Coinbase Users' Information
If you have unreported income from using Coinbase in virtual currency transactions, the IRS now has access to all user info and transactions.
Frequently Asked Questions on Virtual Currency Transactions
Frequently Asked Questions on Virtual Currency Transactions
A19. Yes. If you transfer property held as a capital asset in exchange for virtual currency, you will recognize a capital gain or loss. If you transfer property …
Virtual Currencies – Internal Revenue Service
Virtual Currencies – Internal Revenue Service
Review IRS tax guidance related to individual and business transactions using virtual currencies, such as Bitcoins or other similar currencies.
Coinbase and the IRS – Brian Armstrong – Medium
Coinbase and the IRS – Brian Armstrong – Medium
However, their most recent subpoena asks us to turn over records on all customers (including transaction history, IP addresses, transcripts with …
How The IRS Knows You Owe Crypto Taxes – Forbes
How The IRS Knows You Owe Crypto Taxes – Forbes
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already …
IRS Secures A Victory to “Root Out" Virtual Currency Tax …
IRS Secures A Victory to “Root Out" Virtual Currency Tax …
In citing its need for additional information to the court, the IRS expressly stated that in its experience from processing the Coinbase summons …
Everything Crypto Traders Need To Know About An IRS Audit
Everything Crypto Traders Need To Know About An IRS Audit
(TIGTA, “The IRS can improve taxpayer compliance for virtual currency … with associate user I.D.s, email addresses, I.P. addresses, …
Coinbase Archives – TAX CONTROVERSY 360
Coinbase Archives – TAX CONTROVERSY 360
After the Coinbase summons, the IRS issued 10,000 letters to taxpayers regarding virtual currency transactions. In the wake of these summonses, and potentially …
What the IRS Summons Will Mean for Coinbase Users
What the IRS Summons Will Mean for Coinbase Users
The IRS doesn’t know the identity of people who may have avoided paying taxes on bitcoin transactions. The John Doe summons would create a class …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.