IRS Archives - FortuneZ

Biden’s Crypto Tax Evasion Crackdown Could Also Hit Non-US Traders

June 3, 2021

The American President Joe Biden appears ready to go to war with tax evaders, particularly those seeking to make use of crypto – and has put forward a plan that could hit crypto traders outside the United Sta...

IRS Could Come For Your Crypto If You Owe Them

May 13, 2021

If you happen to owe any money to the US Internal Revenue Service (IRS), the agency is willing to explore yet another way to make sure you pay your tax debts. According to Robert Wearing, Deputy Associate Ch...

IRS To Ask Every American Worker On Their Crypto Usage In 2020

August 22, 2020

IRS to ask every American worker on their crypto usage in 2020. Any American filing taxes for 2020 would have to notify the IRS whether they used crypto this year, according to the tax agency's latest report....

The IRS Curious To Know More About Privacy-Enhancing Crypto Coins

July 3, 2020

The IRS curious to know more about privacy-enhacing crypto coins. IRS-CI Cyber Crimes Unit asked its "industry partners" to clarify where the crypto-tracing community stands on privacy tokens, layer 2 protoco...

66% Of Coinbase Users Willing To Leave The Exchange After Mounting Privacy Concerns

June 8, 2020

66% of Coinbase users willing to leave the exchange after mounting privacy concerns. 66% of Coinbase's users are willing to leave the platform following reports that the U.S. crypto exchange plans to sell us...

Kraken Rejects 28% Of Law Enforcement Information Requests In 2019

January 7, 2020

Popular San Francisco-based cryptocurrency exchange Kraken has demonstrated its compliance credentials by revealing how many times it has cooperated with global law enforcement agencies. In a 6th January...

Coinbase to Allow IRS Access to Personal Data of 13,000 Customers

February 25, 2018

Coinbase, the giant American cryptocurrency exchange, has informed thousands of its customers via a letter that it will be reporting their data to the tax authorities. Coinbase claims over ten million users ...

Coinbase Ordered to Submit to IRS Summons

November 30, 2017

A legal case filed by the US Internal Revenue Service (IRS) against the largest crypto exchange in the US was just won by the petitioner. The firm has been ordered to submit to the summons which the IRS prese...

Coinbase Ordered to Submit to IRS Summons

November 30, 2017

A legal case filed by the US Internal Revenue Service (IRS) against the largest crypto exchange in the US was just won by the petitioner. The firm has been ordered to submit to the summons which the IRS prese...

US Court Rules Coinbase Exchange Must Surrender Bitcoin User Details to IRS

December 1, 2016

In less than two weeks after we first learned that the US government is seeking all the information Coinbase collected on its clients in the country, the court has ruled in favor of the IRS’ (Internal Revenue...