Coinbase Customer’s Lawsuit Against IRS Reminds Taxpayers of Government’s Interest in Auditing Virtual Currency Traders A year ago, the IRS sent nearly 10,000 letters relating to […]
It is no secret that the IRS has their sights set on cryptocurrency compliance and have for a few years. Newly discovered documents are giving taxpayers […]
The IRS Criminal Investigation Division (IRS-CI), which celebrated its hundredth anniversary this year, recently published the 2019 edition of its annual report on tax crimes, as […]
If you follow our tax blog, you may have seen our recent article discussing whether cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), are reportable for […]
It’s been hailed as the wave of the future, dismissed as a failed experiment, and vilified as an enabler of cybercrime and terrorism. No matter how […]
$110m Civil Penalty Levied Against Russian Cryptocurrency Exchanger Last week, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced that they had assessed a civil penalty […]