The United States Internal Revenue Service (IRS) has reportedly provided advanced training to Ukrainian law enforcement officials to help uncover illegal cryptocurrency transactions.
According to Danny Talwar, the head of tax at crypto tax software startup Koinly, one of the most common mistakes people make on.
The Internal Revenue Service of the United States (IRS) continues to propose new tax regulations to regulate cryptocurrency investments in the United States..
Ernst & Young LLP has unveiled a Tax Calculator solution to tackle a surge in tax audits that have targeted individuals trading cryptocurrency.
The U.S. tax department IRS elucidated that American investors who purchased crypto through fiat are not required to report their purchase activities.
On Oct 23, 2020, the IRS released instructions to the draft 2020 Form 1040 which contains the infamous virtual currency question ᠆᠆ At any time.