The U.S. Internal Revenue Service (IRS) offered grants of up to $625,000 to tech companies who develop ways to aid the tax agency in tracing…
Posts tagged as “IRS”
The IRS wants to learn about the transactions of Bitcoin users in the United States. Despite the perceived privacy of Bitcoin and alternative currencies, crypto users are not exempt from taxation.
Anyone who moved cryptocurrency through a centralized exchange are required by law to file their taxes properly. Just last year, the US government won a court order for CoinBase’s customer list.
IRS has targeted the transaction records of Coinbase users in a case brought forth in the U.S. District Court, Northern District of California, as ZeroHedge…
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The Internal Revenue Service has sent many Colorado marijuana companies questionnaires largely focused on IRS Form 8300, which tracks cash transactions above a certain amount. Fears of money laundering charges have gripped cannabis entrepreneurs.