IRS

TomEmmer
21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules
With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.
TomEmmer

BTC
IRS Advisors Call for More Tax Guidance on Crypto Transactions
An advisory group to the U.S. tax agency has called for clearer guidance around how cryptocurrency transactions are taxed.
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The IRS has released a draft version of the 2021 1040 form.
US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance
U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.
The IRS has released a draft version of the 2021 1040 form.

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International Task Force Notes Use of Cryptocurrencies in Financial Crime
Tax authorities from five different nations are coming together to combat international financial crimes, with a focus on cryptocurrencies.
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Prosecutors: Options Seller Duped Investors With 'Worthless' Crypto
A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token.
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Crypto Hedge Funds Face Tough Choices on Tax Day
Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.
(Shutterstock)

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Why the IRS Should Treat Crypto as a New Asset Class
Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.
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What ICO Issuers and Investors Need to Know About Taxes
There is little guidance from the IRS on how to treat a token offering or SAFT for tax purposes. Determining how to do so is a fact-intensive process.
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What If You Can't Pay Taxes on Your Crypto Gains?
Crypto holders willing to take a risk can file an extension, pay their taxes in installments with penalties and interest, and possibly come out ahead.
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Crypto Tax Dodgers Are Tempting Fate
The ways governments tax cryptocurrency users may be unjust and due for reform, but simply ignoring the law for this reason is a dicey proposition. 
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