Irs

California Court Orders Kraken Exchange to Reveal Identities of Users who Have Transacted in Crypto
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California Court Orders Kraken Exchange to Reveal Identities of Users who Have Transacted in Crypto

IRS has secured authorization from a federal court to issue a John Doe warrant to Kraken to reveal the identity of users transacting in crypto.

Norwegian Tax Authorities Want Investors to Voluntarily Declare their Crypto Earnings
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Norwegian Tax Authorities Want Investors to Voluntarily Declare their Crypto Earnings

The Norwegian Tax Administration wants people to voluntarily report their cryptocurrency earnings ahead of the April deadline for filing tax returns.

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules
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US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade
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ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown
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US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats
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IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

The IRS plans to update the 1040 income tax form for 2020 to make it more difficult for taxpayers to avoid declaring their crypto assets.

How Are Uniswap’s UNI Governance Tokens Taxed?
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How Are Uniswap’s UNI Governance Tokens Taxed?

Uniswap the popular decentralized exchange recently awarded members its UNI tokens. But what do holders need to know about paying tax on UNI governance tokens?

IRS Criminal Investigations Puts $625,000 Bounty on Monero Privacy Crack and BTC Lightning Network Tracker
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IRS Criminal Investigations Puts $625,000 Bounty on Monero Privacy Crack and BTC Lightning Network Tracker

IRS Criminal Investigations have put a $625,000 bounty on the heads of Monero (XMR) privacy and BTC Lightning Network (LN) transactions.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes
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Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

Coinbase User Sues IRS for Illegal Seizure of Crypto Records
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Coinbase User Sues IRS for Illegal Seizure of Crypto Records

James Harper, a Bitcoin researcher, is suing the IRS, its commissioner, and nearly a dozen of its agents for violating his Fourth and Fifth Amendment rights—his right to privacy and right to due process—with their infamous Letter 6137 in July last year.