A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue.

Two companies are teaming up to allow clients to buy mining machines through an IRA.

The Senate’s bipartisan deal would impose stricter rules on cryptocurrency investors to fund a portion of the $550 billion investment.

Tesla, MicroStrategy and Square will have to reckon with their digital holdings in earnings reports.

The company automates all aspects of cryptocurrency tax compliance, and is looking at a valuation north of $1 billion.

Ripple has said the SEC can’t regulate XRP because, as a virtual currency used in international and domestic transactions, it’s a medium of exchange and not a security.

The Securities and Exchange Commission is ramping up enforcement against cryptocurrency providers, as the Internal Revenue Service has also stepped up investigations and compliance efforts.

The cryptocurrency exchange has been touting letters from IRS and FBI agents praising its cooperation.

Service with a smell; disclosure expectations; new to us; and other highlights from our favorite tax bloggers.

Accounting firms are restricting corporations from holding the cryptocurrency as assets even as they give free rein to venture capital firms to invest in equally risky and volatile unicorns.