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New IRS Crypto Form Could Trigger ‘Phantom Gains’ and Unwanted Audits, Expert Warns
23.7.2025
The Internal Revenue Service’s new Form 1099-DA, while designed to streamline tax reporting for cryptocurrency users, may inadvertently trigger audits due to incomplete cost basis data provided by exchanges, an expert warns. The ‘Phantom Gain’ Trap The Internal Revenue Service...
IRS Mapping Wallet Activity Across Chains—Expert Says It’s Time to Prepare
16.7.2025
A tax expert has warned traders, particularly those operating discreetly, about the upcoming requirement to file Form 1099-DA starting in 2026. The expert also highlights the importance of reporting, even if one disagrees with the 1099-DA, to avoid being flagged for underreporting. IRS to Track...
OpenAI faces IRS complaint over alleged tax violations
11.7.2025
The Midas Project has filed a complaint with the IRS against OpenAI, alleging that CEO Sam Altman’s dual roles create conflicts violating nonprofit tax rules
OpenAI faces IRS complaint over alleged tax violations
11.7.2025
The Midas Project has filed a complaint with the IRS against OpenAI, alleging that CEO Sam Altman’s dual roles create conflicts violating nonprofit tax rules
OpenAI faces IRS complaint over alleged tax violations
11.7.2025
The Midas Project has filed a complaint with the IRS against OpenAI, alleging that CEO Sam Altman’s dual roles create conflicts violating nonprofit tax rules
IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule
10.7.2025
The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified...
The Coming Crypto Tax Bomb
7.7.2025
There’s a growing mismatch between how taxpayers think crypto taxes work and how the IRS now expects them to be handled, says Justin Zanardi, general manager at Countonsheep.com
IRS division failed to meet standards for seizing crypto, says watchdog
3.7.2025
Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases
IRS division failed to meet standards for seizing crypto, says watchdog
3.7.2025
Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases
IRS division failed to meet standards for seizing crypto, says watchdog
3.7.2025
Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases
IRS division failed to meet standards for seizing crypto, says watchdog
3.7.2025
Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases
IRS division failed to meet standards for seizing crypto, says watchdog
3.7.2025
Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases
IRS division failed to meet standards for seizing crypto, says watchdog
3.7.2025
Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases
Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant
2.7.2025
The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s...
US Supreme Court will not review IRS case involving Coinbase user data
30.6.2025
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data
US Supreme Court will not review IRS case involving Coinbase user data
30.6.2025
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data
US Supreme Court will not review IRS case involving Coinbase user data
30.6.2025
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data
US Supreme Court will not review IRS case involving Coinbase user data
30.6.2025
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data
US Supreme Court will not review IRS case involving Coinbase user data
30.6.2025
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data
Supreme Court Declines to Take Up Coinbase User Data Privacy Case
30.6.2025
A lower court’s decision to side with the Internal Revenue Service (IRS) in the long-running case is legally binding