In a recent ruling, a California federal judge held that Kraken, an online cryptocurrency exchange program, has to turn over user information to the IRS as a result of a John Doe summons originally served on Kraken in 2021. The IRS launched Operation Hidden Treasure in May 2021 in an effort to root out tax
Latest Post
More Posts
IRS Issues Guidance on Non-Fungible Tokens – What It Says and Does Not Say
New Initiatives Launch in Staking, DeFi, DAOs; IRS Issues NFT Guidance; White House Report Criticizes Crypto; SEC and DOJ Crypto Enforcement Continues
The Tax Man Isn’t Leaving: The IRS Continues to Issue John Doe Summonses Relating to Virtual Currency Transactions
The Tax Man Is Back: IRS Issues First John Doe Summons in 2022 to Major Crypto Platform, Seeking Treasure Trove of Information on Tax Noncompliance
Taxation of Non-Fungible Tokens
Proposed Federal Crypto Legislation Supported by Digital Asset Ecosystem; Consumer Advocacy Groups Balk
Cryptocurrency Tax Enforcement May Soon Reward Tipsters Through Whistleblower Program and False Claims Act
Global Tax Enforcement Group Provides NFT Red Flag Guidance
The IRS’s ‘Operation Hidden Treasure’: What it Means for Crypto Holders
Subscribe: Subscribe via RSS