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IRS Steps Up Warnings Against Bitcoin Tax Evasion

For the Internal Revenue Service (IRS) bitcoin tax payment has become a matter of priority, as the tax agency recently distributed over 10,000 letters to different bitcoin investors. The IRS has tried to curb the issue of tax evasion from virtual currency holders, albeit without a clear crypto tax g..

U.S. Tax Collector Is After Thousands of Bitcoin Holders

U.S. tax authority, the Internal Revenue Service (IRS) has already begun sending letters to thousands of bitcoin and crypto holders who have failed to report cryptocurrency transactions. The IRS letters include instructions to pay taxes, interest, and penalties. IRS: Review Tax Filings to “amend pa..

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