IRS to Ramp Up Prosecutions for Crypto Tax Evasion This Year
Key Takeaways The IRS is preparing for an increase in cryptocurrency-related tax evasion cases this year; Guy Ficco, IRS criminal ...
Tag: tax
Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. ...
The Tax Implications of Sudden Crypto Wealth
Meme coin seasons are known for frenzied market activity, driven by the meteoric rise of viral crypto projects that transform ...
Binance Executive Escapes Nigerian Custody Due to Tax Evasion Charges
Nadeem Anjarwalla, a Binance executive detained by Nigerian authorities, has reportedly escaped custody, confirmed by Binance to CryptoSlate. Meanwhile, Tigran ...
Tax Evasion Charges Lead to Binance Executive’s Escape
Key Takeaways Binance executive Nadeem Anjarwalla escaped detention in Nigeria using a fake passport amid tax evasion charges against the ...
CoinLedger Joins Forces with MetaMask for Streamlined Crypto Tax Reporting
MetaMask and CoinLedger collaborate to simplify tax reporting for users, integrating automatic tax features into the MetaMask Portfolio. CoinLedger, a ...
Leaders Oppose US Gov’t 30% Tax Proposal
The US Government is under backlash after allegedly targeting the crypto mining industry again. A recent report revealed the government’s ...
5 Best NFT Tax Software Tools in 2024
NFTs have turned from a niche product for hardcore cryptocurrency enthusiasts to a lucrative market with hundreds of millions of ...
Florida Emerges as Top US State for Crypto Tax Benefits
Key Takeaways Florida tops the list as the most crypto tax-friendly state in the US, thanks to no state income ...
IRS adds cryptocurrency income tax question to four more tax forms
The IRS on Jan. 22 reminded all taxpayers to answer a question about digital assets and report all digital asset-related ...