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US Court: IRS can Now Access User Transactions from Kraken


The crypto circle is filled with new movements every day, and the latest news comes from the U.S. A court has recently allowed the IRS to gather user transactions from Kraken. As the Justice Department, this will ensure that even crypto holders fulfill their tax requirements. The move does not harm...

Taxman Comes Calling at Kraken – IRS Gets Hands on Data from 2016-2020


A branch of the California District Court has granted the American tax collecting body, the Internal Revenue Service (IRS), permission to issue a John Doe summons on the crypto exchange giant Kraken – in a bid to discover the identities of United States residents and citizens who have conducted...

Bitcoin Cash From Hard Fork Is Taxable Income - IRS


Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS). The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to...

'Guys, File Your Crypto Taxes, the IRS is Coming'


A tax expert is warning that filing crypto taxes is a must in order to avoid penalties, as the taxman knows you've got reportable transactions. This comes as the Internal Revenue Service (IRS), the service of the United States federal government responsible for collecting taxes, is officially...

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