Tag: IRS

FinCEN
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FinCEN Receives More Than 1,500 Crypto-Related Complaints Every Month

Brian Evans - Aug 14, 2018

The US Financial Crimes Enforcement Network receives over 1,500 suspicious activity reports (SARs) related to cryptocurrencies, the agency’s director has revealed. The majority of them come from…

AML
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FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month

Brian Evans - Aug 11, 2018

The director of the U.S. Financial Crimes Enforcement Network (FinCEN) says that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports

Crypto
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Equity Trust Launches Digital Asset Platform For Cryptocurrency IRA Investors

Brian Evans - Aug 04, 2018

Platform Offers Quick Order Settlement, Integrated Storage, Low Fees – Plus, Investors Could Reap Tax Advantages CLEVELAND, OH — August 4, 2018 — Equity Trust Company announced…

Bitcoin
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IRS Joins the J5, Should We Prepare to the International Enforcement? Expert Take

Brian Evans - Jul 13, 2018

What is “The Joint Chiefs of Global Tax Enforcement” and how it could affect the crypto legislation around the world

Crypto
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IRS Continues to Crack Down on Cryptocurrency Holders Who Shun Taxes

Brian Evans - Jul 11, 2018

The IRS is keeping close tabs on cryptocurrency users across the United States. A brand-new compliance campaign has been launched to ensure everyone files their taxes properly…

education
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What Is the J5 Initiative?

Brian Evans - Jul 05, 2018

Cryptocurrency users have a few interesting habits when it comes to dealing with taxes. This has caused the IRS to launch official investigations involving cryptocurrency exchanges. Additionally,…

Business News
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International Task Force Notes Use of Cryptocurrencies in Financial Crime

Brian Evans - Jul 04, 2018

Tax authorities from five different nations are coming together to combat international financial crimes, with a focus on cryptocurrencies.

Australia
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Five Nations Launch Tax Enforcement Alliance to Tackle Crypto, Cybercrime ‘Threat’

Brian Evans - Jul 03, 2018

The U.S. IRS launches transnational taskforce together with tax enforcement agencies from four other countries to tackle crypto-enabled crimes

ACIC
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US, UK Lead 5-Nation Alliance to Combat Cryptocurrency Tax Crimes

Brian Evans - Jul 03, 2018

The tax authorities of the United States and the United Kingdom have signed on to lead an international alliance designed to combat transnational financial crimes, including those…

Crypto
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What Are Cryptocurrency Trusts?

Brian Evans - Jun 20, 2018

The topic of cryptocurrencies and taxes has been kicked around a fair few times. It seems cryptocurrency trusts offer a legal method of avoiding taxes. They are not…