Bitcoin

June 1, 2020
IRS Announces International Cryptocurrency Taskforce Fighting Bitcoin Tax Evasion

IRS Asks Tech Companies to Help Bust Virtual Currency Traders

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 […]
January 10, 2020

Targeting Cybercrime and the Dark Web, IRS Takes Aim at Bitcoin Users

Crimes like money laundering and tax evasion are nothing new. What is new are certain technologies, like virtual currency, that can enable criminal tax offenders. For […]
December 21, 2019

IRS Criminal Investigation Division (IRS-CI) Expanding to Target Crypto Users

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 […]
September 19, 2019

Did You Receive a Letter from the IRS About Filing Back Taxes or Amended Returns to Include Cryptocurrency Transactions?

Regular readers of our tax law blog know that our Bitcoin tax attorneys frequently write about tax issues surrounding virtual currencies. Most recently, we warned taxpayers […]
August 20, 2019
reporting bitcoin to the irs

Did You Hide Bitcoin from the IRS? Come Forward Now – Before it’s Too Late

If you’ve recently visited our tax blog, perhaps you read our article discussing the Internal Revenue Service’s plans to target 10,000 taxpayers who failed to report […]
August 16, 2019
bitcoin tax reporting

Did You Engage in Unreported Cryptocurrency Transactions? Expect a Letter from the IRS

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 […]