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Nalezeno "irs": 988

Suspected North Korean Hackers Move Bitcoin Worth $140K From Forfeited Account

1.9.2020
Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U.S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions....

Crypto Earnings from Microtasks Still Taxable in the US - IRS

31.8.2020
Cryptocurrency is “a substitute for real currency,” and any “convertible virtual currency received is taxable as ordinary income,” a recently published memo from the US Internal Revenue Service (IRS) has declared. The new clarification by the IRS was made in response to a request for clarification...

Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo

31.8.2020
The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable

IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners

26.8.2020
The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....

Bitwage Rolls Out Tax Calculator Tool as IRS Ramps Up Crypto Pressure

26.8.2020
The new tool comes as the IRS is sending more letters to crypto investors

IRS, Ignoring Its Own Watchdog, Sends Letters About Crypto Taxes Once Again

26.8.2020
Less than a year has passed since the IRS first sent taxpayers cryptocurrency "soft letters."

Crypto Question Placement on New Tax Return 'Signals IRS Action'

24.8.2020
The United States Internal Revenue Service (IRS) has released a new draft for filing the 2020 tax returns, with several significant changes - primarily placing the crypto transaction question on the first page of the return. Form 1040, US Individual Income Tax Return, will ask citizens filing...

Qatar’s National Solarized Fintech Strategy Amid COVID-19 Pandemic

23.8.2020
The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact

Bitcoin Stalls, Ethereum 2.0 Outage, IRS Crypto Crackdown: Hodler’s Digest, Aug. 18–24

23.8.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!

IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form

22.8.2020
The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...

IRS Plans to Ask Every American Worker if They Used Crypto in 2020

21.8.2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency

The Challenge of Taxing Proof-of-Stake

21.8.2020
Cointelegraph examines the basis of Congress calling out the IRS for threatening to tax proof-of-stake rewards beyond their actual value

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...