IRS

IRS

IRS Asks Court to Reject Protest Filing From Coinbase Customer

The IRS has asked a US court to let it continue with its search for Coinbase user information in spite of an earlier countersuit.

Business  ·  28 December 2016
Exchanges

Coinbase User Asks Federal Court to Stop IRS Bitcoin Subpoena

A Coinbase customer has gone to court to stop the IRS from subpoenaing user data from the bitcoin and ether exchange startup.

Policy & regulation  ·  14 December 2016
IRS

What the IRS Summons Will Mean for Coinbase Users

Tax expert Daniel Winters explores the bigger picture behind the IRS summons for Coinbase data.

Policy & regulation  ·  3 December 2016
Exchanges

A Judge Just Cleared the Way for the IRS to Seek Coinbase Customer Data

The IRS can serve bitcoin and ether exchange startup Coinbase with a summons for information about its users, a federal judge has ordered.

Policy & regulation  ·  30 November 2016
IRS

IRS Effort to Access Coinbase Records Could Take Months

Digital currency exchange Coinbase says it’s planning to fight a government effort to acquire information about its users.

Policy & regulation  ·  22 November 2016
Exchanges

The IRS is Seeking Data on Coinbase’s Bitcoin Customers

The IRS is seeking user records from Coinbase as part of a taxpayer investigation.

Business  ·  18 November 2016
IRS

Inspector General: IRS Needs to Overhaul Bitcoin Tax Strategy

The US Internal Revenue Service needs to overhaul its strategy for bitcoin, an agency watchdog warned in a report published today.

Policy & regulation  ·  8 November 2016
IRS

CPA Trade Association Pushes IRS for Bitcoin Tax Guidance

The AICPA has submitted comments to the IRS that seek to encourage the US tax agency to provide clarity on bitcoin and digital currency treatment.

Markets  ·  15 June 2016
IRS

FinCEN Developed Bitcoin Training for IRS Tax Examiners

FinCEN has been working with the IRS to train its examiners on relevant aspects of bitcoin technology.

Policy & regulation  ·  16 November 2015
IRS

5 Things Bitcoin Owners Must Do When Estate Planning

Certified Financial Planner Jeff Vandrew explains the steps bitcoin holders should take when planning their estates.

Policy & regulation  ·  28 July 2015
IRS

LibraTax IRS-Compliant Bitcoin Accounting Software Nears Launch

Libra has announced it will soon launch LibraTax, a software suite to help bitcoin users meet IRS requirements.

Business  ·  19 August 2014
IRS

IRS: No Bitcoin Reporting Required for FinCEN Foreign Banking Tax Form

The government agency added that this policy could be changed for future tax years.

Policy & regulation  ·  5 June 2014
IRS

Congressman Jared Polis Accepting Bitcoin Donations Following FEC Ruling

Democrat Jared Polis has become one of the first Congressmen to accept bitcoin for his re-election campaign.

Policy & regulation  ·  9 May 2014
IRS

US Government Taps Nonprofit to Research Digital Currency Crime

The Internal Revenue Service has announced its intention to contract to a cybersecurity nonprofit to research digital currency crimes.

Policy & regulation  ·  8 May 2014
IRS

Lawyers Want Bitcoin Money Laundering Charges Dropped on Technicality

Lawyers representing two Florida men charged with bitcoin-related money laundering want to have the charges dropped on a technicality.

Policy & regulation  ·  10 April 2014