Report: US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad

The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the use of crypto and decentralized finance products in global financial and tax crimes. According to the tax collector’s spokesperson, the IRS will be able to determine the success of the pilot program by rating the

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Argentina Signs Automatic Tax Data Sharing Agreement With the United States

The government of Argentina has signed a data sharing agreement with the U.S. to enhance the cooperation of the countries in the tax arena. The agreement, which was signed by Sergio Massa, minister of economy of Argentina, and U.S. ambassador Marc Stanley, will allow the Argentine national tax authority to receive information from accounts and

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Crypto Chaos: Surge In Tax Evasion Cases Leads to Binance.US Exec Joining IRS

The Internal Revenue Service (IRS) is ramping up efforts in crypto regulation, tapping into industry expertise to navigate the complex terrain of digital assets. Sulolit Raj Mukherjee, former global head of tax at ConsenSys and contributor to Binances US unit, joins forces with Seth Wilks, previously vice president at TaxBit, to bolster the IRSs approach […]

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Elon Musk: IRS relies on old computers, cant pass basic audits

The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration.

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DeFi has 3 options if IRS rule isn't rolled back Alex Thorn

The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.

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Crypto Tax Crackdown: IRS Secures First Digital Asset Fraud Conviction

The IRS has registered a major legal achievement in its fight against evasion of taxes through cryptocurrencies. Frank Richard Ahlgren III is facing two years in prison and $1.1 million in fines for hiding income from his crypto trades from the Internal Revenue Service. This conviction is important for the IRS because it is the […]

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‘Stake and Pay’: IRS Declares Staking a Taxable Event

Staking rewards are now classified as gross income.

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