Browsing Tag
IRS
19 posts
US Firms on Notice: IRS Mandates Reporting Cryptocurrency Transactions
In a recent development, the Internal Revenue Service (IRS) of the United States has declared a temporary suspension…
Kraken Set to Share 42,000 Users Data With the IRS
US crypto exchange Kraken is set to share 42,000 users’ data with the Internal Revenue Service (IRS) in…
IRS Announces Taxation of Crypto Staking Rewards
The Internal Revenue Service [IRS] announced that cryptocurrency investors in the United States who receive rewards from staking…
Does Zelle Report to IRS?
Does Zelle Report to IRS? A Comprehensive Guide In the world of online payment apps, tax reporting can…
Kraken Ordered by Court to Provide IRS with Account Information
Cryptocurrency exchange Kraken has been ordered by a federal court to provide the Internal Revenue Service (IRS) with…
Ron DeSantis Will Abolish the IRS if Elected as President in 2024
Florida Governor Ron DeSantis recently said that he will scrape off the Internal Revenue Service [IRS], if he…
Does Coinbase Report to IRS?
The Truth Behind Coinbase and IRS Reporting: What You Need to Know If you’re in the crypto world,…
Does Crypto.com Report to the IRS?
Understanding Cryptocurrency Taxation Cryptocurrency taxation might seem like a daunting subject, but it’s essential to understand how it…
Cryptocurrency Investors May Have to Pay Tax for Their Frozen Funds
Cryptocurrency investors went through the toughest period in 2022. Thousands of investors were locked out of accessing their…
US House Passes Bill To Cut Funding For 87,000 New IRS Agents
A lot of events have unfolded over the past few days in the US political circuit. Kevin McCarthy…