Bankrupt FTX Proposes $200M Settlement to IRS, Amid Billions in Claims
FTX has proposed settling the IRS's $24 billion tax claim with a $200 million payment and ...
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Tag: IRS
Taxpayers Alert: IRS Demands Clarity on Cryptocurrency Transactions
The IRS has added a question about receiving or disposing of digital assets like cryptocurrency to ...
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IRS Delays Enforcement of New $10K Crypto Reporting Law
The IRS has clarified that a controversial crypto reporting rule requiring businesses to report transactions over ...
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The IRS is Coming for Crypto and Nobody is Safe: Here is Why
Starting in 2024, a new provision in the infrastructure bill will require cryptocurrency investors to report ...
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Kraken to Provide IRS with Data on Select Users From 2016-2020 Following Court Order.
The IRS has gained access to trading data from major crypto exchanges like Kraken to identify ...
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Cryptocurrency Community Voice Concern Over New IRS Tax Rules on Digital Assets
The IRS has issued updated tax rules that focus on transparency in cryptocurrency transactions. Critics, including ...
Read moreIRS Declare Crypto Staking Rewards Are Taxable Once Received
The IRS has ruled that US cryptocurrency investors must include staking rewards in their gross income ...
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The IRS vs Kraken – A Deep Dive into the Recent Court Order
A US federal judge has ordered cryptocurrency exchange Kraken to provide the IRS with information on ...
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Kraken Screams Injustice Over IRS Demands.
Kraken cites the Coinbase case against IRS's unjustified demands. Coinbase fights with the Securities and Exchange ...
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IRS Drafts New Requirements for Reporting Digital Assets
The U.S Internal Revenue Service (IRS) recently published an early release draft of its tax form, with updated ...
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