Tag: IRS

shares35 views

Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain

Brian Evans - Sep 29, 2018

A crypto coalition led by Ripple plans to pay D.C. lobbyists to influence the government’s stance on cryptocurrencies and innovation

shares29 views

Public Records Show US Government Tripled Investment in Blockchain Analysis Firms in 2018

Brian Evans - Sep 26, 2018

New research from Diar into publicly available records has revealed that U.S. government agencies tripled their investment in blockchain intelligence firms this year

shares29 views

The U.S. Government Has Spent Millions Trying to Track Cryptocurrency Users

Brian Evans - Sep 25, 2018

If you’ve ever wondered whether Uncle Sam is spying on your cryptocurrency transactions, a new report reveals that, if you reside or do business in the United…

shares48 views

5 Members of Congress ‘Strongly Urge’ IRS to Update Bitcoin Tax Guidelines

Brian Evans - Sep 20, 2018

A group of U.S. legislators has asked the Internal Revenue Service (IRS) to provide updated guidelines on how taxpayers should report profits associated with investing in bitcoin…

shares34 views

US Lawmakers Say IRS Too Focused on Enforcement, Should Provide Clarity for Crypto Taxation

Brian Evans - Sep 20, 2018

U.S. lawmakers have urged the Internal Revenue Service (IRS) to issue clear and “comprehensive” crypto taxation guidance, saying it is overly focused on enforcement

shares30 views

US Lawmakers ‘Strongly Urge’ IRS to Update Crypto Tax Guidance

Brian Evans - Sep 20, 2018

U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.

shares50 views

Op-ed: How to Turn Your Bitcoin and Crypto Losses into Tax Savings

Brian Evans - Sep 01, 2018

Bitcoin and crypto losses can be used to offset other types of capital gains for tax purposes and therefore save you money. This article addresses how to…

shares56 views

Busted: Indian Call Center Ring Duped Foreigners into Paying ‘Loan Tax’ in Bitcoin

Brian Evans - Aug 28, 2018

A bitcoin fraud scheme has been unearthed in the Mumbai surburb of Mira Road. The scheme involved duping foreigners into parting with their money by informing them…

shares57 views

Coin Center Calls for Congress to Give U.S. Taxpayers Safe Harbor on Bitcoin Hard Forks

Brian Evans - Aug 21, 2018

Cryptocurrency industry non-profit research and advocacy organization Coin Center is calling for Congress to enact legislation that will provide bitcoin investors with safe harbor on federal taxes…

shares45 views

IRS Offshore Amnesty is Closing, But Crypto Investors Still Have Time: Expert Take

Brian Evans - Aug 21, 2018

Everything you need to know about the OVDP — an offshore voluntary disclosure program closing forever in September