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Educating Congress on Tech Is The Next Frontier for This Blockchain Caucus Co-Chair

15.8.2020
Congressman Soto talks about the point where crypto education meets solid policy and what’s standing in the way

Law Decoded: How Long Is the Arm of the Law? August 7-14

14.8.2020
New muscle from law enforcement investigating crypto suggests that government innovation may be slow but the government gets what it wants

Trump’s Proposed Capital Gains Tax Cut Could Boost Crypto Profits

13.8.2020
A proposed capital gains tax cut could be good news for crypto traders in the U.S

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...

IRS Tax Warnings on Ethereum’s Fifth Anniversary

5.8.2020
Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now

Congresspeople Call on IRS to Take It Easy on Taxing Staking Rewards

4.8.2020
Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards

US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed

4.8.2020
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-state networks are taxed, to prevent taxpayers from owing more than they should

Crypto Tax Disclosures Can Help With Internal Revenue Service

21.7.2020
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk

IRS Seeks Elliptic’s Crypto Tracing Software in Response to COVID-19

17.7.2020
President Donald J. Trump invoked the Stafford act in March, authorizing federal agency funding

IRS Enlists Coinbase in Latest Crypto Tracing Deal

16.7.2020
The tax collector has agreed to pay Coinbase up to $237,000 over the next two years for its "Analytics" tracing software

Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

16.7.2020
Bitcoin investor Jim Harper has sued the U.S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. Bitcoin Investor vs. IRS Bitcoin investor Jim Harper...

IRS Sued by Ex-Coinbase User Over Seizure of Financial Records

15.7.2020
Jim Harper claims the tax collector violated his Fourth Amendment rights by seizing his crypto account records without obtaining a warrant

Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights

14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...

Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’

14.7.2020
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class

IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog

14.7.2020
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights

The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies

4.7.2020
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks...