Cryptocurrency
Cryptocurrency
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Leaders of tax enforcement authorities from the U.S., Australia, Canada, the Netherlands and the United Kingdom met this week to discuss ways to deal with tax crimes and tax evasion, particularly involving cryptocurrency.
November 8 -
Tax attorneys, accountants and cryptocurrency investors have been asking for this guidance for years.
November 6 -
What the flurry of updates in Facebook's cryptocurrency means for accounting professionals.
October 17 -
The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.
October 11 -
The guidance is the first since 2014.
October 10 -
New releases address virtual currency transactions and how to handle a ‘hard fork.’
October 9 -
Newly appointed officials in the SB/SE Division plan to make changes in the IRS’s strategy for dealing with collections and enforcement.
September 19 -
The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.
September 11 -
The IRS considers Bitcoin and other virtual currency to be property and not fiat currency.
September 9 -
The Internal Revenue Service has fired its loudest warning shots yet across the bows of crypto investors.
August 28