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Internal Revenue Service
The IRS Seeks the Names of Circle Customers Transacting Over $20K in Crypto
The IRS is seeking to know who is transacting in crypto and who isn't paying taxes on those transactions. The agency is now trying to get the names of Circle customers who made transactions over $20K. Nik De breaks down what's going on in the IRS as it relates to crypto. Plus, reaction to former SEC chairman Jay Clayton's comments that we should expect to see bitcoin regulations.
Reasons for a Sudden Drop in Bitcoin’s Price; What’s Next
Bitcoin’s price fell about 10% with $6B in options set to expire tomorrow. Edward Woodford of Zero Hash analyzes the crypto markets, what might have been behind the BTC drop and how low it might go. Plus, a discussion of the future of IRS regulations on the crypto industry.
How the IRS Plans to Root Out Crypto Tax Evasion
"Operation Hidden Treasure" sounds fun, but it's actually a new IRS plan to uncover and tax unreported crypto income. Is this an overreach or government regulations finally catching up to the crypto markets? "The Hash" panel debates.
The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years
For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know.
IRS Says It's Sending Warning Letters to US Cryptocurrency Owners
The IRS has begun contacting U.S. taxpayers, warning them about possible back taxes owed on their crypto holdings.
