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"An IRS analysis found that for [2013-2015] ...fewer than 1,000 e-filed returns each year reported transactions appearing to use virtual currencies. Coinbase said at the end of 2013 that it had 650,000 accounts. Now it has more than 30 million.” https://t.co/vixqmQ1X1t?
— Chris Hoofnagle (@hoofnagle) August 17, 2019
UPDATE: CoinDesk spoke to a recipient of the new letter, who said the IRS dramatically overestimated how much he made on trades due to the type of form submitted by his exchange. https://t.co/ZTTfLu2CWI
— CoinDesk (@coindesk) August 14, 2019
IRS is sending out more letters for #crypto taxes. If you received a 1099-K and reported a different amount (bc you correctly calculated gains), you might still receive this letter. Be ready. https://t.co/iClqXu4jt7
— Crypto Tax (@CryptoTaxSTEEM) August 15, 2019
IRS has sent a second round of tax warning letters telling cryptocurrency investors that may owe more taxes on their digital transactions https://t.co/z4puXGyyz9
— Bloomberg (@business) August 15, 2019
The Internal Revenue Service is sending out a new round of letters to cryptocurrency holders, this time listing the specific amounts of money that these letter recipients owe to the tax collector. (via @celiawan2)
— The Block (@TheBlock__) August 15, 2019
https://t.co/Kbu4OFmvUY
Several are receiving more succinct letters from the IRS, asking them to pay a specific settlement amount, pertaining to "misreported" taxes in 2017: https://t.co/XKpYsCnFpd
— Omar Bham (Crypt0) (@crypt0snews) August 15, 2019
Tax specialists are urging crypto users who aren’t in compliance with rules on virtual currencies to act quickly https://t.co/6YmDZbGOu5
— The Wall Street Journal (@WSJ) August 16, 2019
More on cryptocurrency taxes. Featuring, for the first time I think, an attempt to show how many transactions over time may have been small enough to be personal use (below $600) https://t.co/jqqo64yktR
— Neeraj K. Agrawal (@NeerajKA) August 16, 2019
IRS Sends Second Round Tax Warnings to Cryptocurrency Investors https://t.co/feHax29P1P
— Neeraj K. Agrawal (@NeerajKA) August 16, 2019
More on cryptocurrency taxes. Featuring, for the first time I think, an attempt to show how many transactions over time may have been small enough to be personal use (below $600) https://t.co/jqqo64yktR
— Neeraj K. Agrawal (@NeerajKA) August 16, 2019
#IRS to crack down on reported income from #cryptocurrencies like #bitcoin#VC #fintech #banking #finserv #cryptocurrency #finance #banks #blockchain #regtech #Insurtech @MikeQuindazzi @FGraillot @topcybernews @socialfave @d_zimnochhttps://t.co/FuFM8f1fov
— John C. Maxwell III (@maxjcm) August 16, 2019
Do you have tax problems with cryptocurrencies, now that the IRS is cracking down? Here's what you need to know. https://t.co/qNMhQVzScq
— Laura Saunders (@Saunderswsj) August 16, 2019
IRS to Cryptocurrency Owners: Come Clean, or Else! - WSJ https://t.co/aml2GnOvTe
— Jeffrey A Porter,CPA (@JPorterCPA) August 16, 2019
There was lot of IRS stuff this week. My reports for @coindesk: https://t.co/x4NwKy1whwhttps://t.co/DhIX0zMG6O
— Nikhilesh De (@nikhileshde) August 17, 2019
あ、そうだ。アメリカの国税庁(IRS)が先月終わりから、仮想通貨ユーザーに向けて「お前ら税金払えよ」通知を送りまくってるのですが、昨夜くらいに特定の仮想通貨トレーダー達に、「オマエ申告間違ってない？舐めてんの？利子ついてんよ？」通知を送ったそうです。https://t.co/I19S5J39IG
— 仮想通貨新聞 (@kasou_shinbun) August 15, 2019
#COINUT #Crypto Weekly Reference Links:
— COINUT EXCHANGE (@coinut_exchange) August 16, 2019
1. https://t.co/snJOPuS9f0
2. https://t.co/hsVpxhzV5y
3. https://t.co/u7UHckYwJw
4. https://t.co/l2hf6wwyeb
5. https://t.co/kCjBoY2CSF
6. https://t.co/8W0JPeJ9TN#Ltc #litecoin
Fraud is not something the IRS likes. cc @ericgarland@Dry_Observer @IdeaGovhttps://t.co/gkaf6hBYws
— BadDude.SimoHayha? (@ChiefCovfefe) August 15, 2019
New IRS Warning Letters Target Crypto Investors Who Misreported Trades https://t.co/76OISFC55K
— GiantGox (@GiantGox) August 15, 2019
NEW: The @IRSnews is telling crypto traders how much they might owe, but it's possible the agency's overestimating the tax burden. My latest for @coindesk: https://t.co/DhIX0zMG6O
— Nikhilesh De (@nikhileshde) August 14, 2019
The Internal Revenue Service is sending out a new round of letters to cryptocurrency holders, this time listing the specific amounts of money that these letter recipients owe to the tax collector. (via @celiawan2)
— The Block (@TheBlock__) August 15, 2019
https://t.co/Kbu4OFmvUY