Policy
US Treasury Unveils New Reporting Rules to Fight Crypto Tax Evasion
US Treasury and IRS proposed new reporting rules to reduce tax evasion in the digital assets sector.
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Best Stocks
Why Investors Shouldn’t Worry about the IRS Asking Microsoft for $29B in Back Taxes
The IRS asked Microsoft to pay nearly $29 billion in back taxes, concerning the company's liabilities between 2004 and 2013.
Policy
IRS Sponsoring Chainalysis for Ukrainian Agents to Hunt for Russian Wallets
Ukrainian law enforcement is utilizing Chainalysis tools and trading offered by the IRS to hunt down Russian sanctions evaders.
Policy
How Microstrategy Lowered its Tax Obligation with a Crypto Loophole
IRS policy known as the wash rule does not apply to crypto, allowing investors to reduce their tax obligations.
Policy
IRS and Treasury Delay Crypto Gains Reporting Requirements
The crypto-focused provisions that were supposed to come into effect on January 1st have long been criticized over a lack of clarity.
Policy
Will the $80B Budget Hike Help the IRS Track Crypto Cases?
IRS is looking into crypto cases. However, the recent hiring spree could be largely unrelated to agency's ability to track crypto transactions.
Crypto
In 2021 IRS Seized $3.5B in Crypto, Shifting Focus to NFTs
From impersonation to fake NFT stores, scammers are ramping up their schemes.
