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Tag: internal revenue service

IRS issues temporary relief on crypto cost-basis method changes

January 1, 2025 wp-bot Cointelegraph

New IRS rules could have been “disastrous” for crypto taxpayers during the bull market, a crypto tax executive said.

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DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn

December 28, 2024 wp-bot Cointelegraph

The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.

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Elon Musk: IRS relies on old computers, ‘can’t pass basic audits’

December 9, 2024 wp-bot Blockchain, Cointelegraph

The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration.

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Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin

November 20, 2024 wp-bot Cointelegraph

The Smithsonian Institute has obtained the laptop owned by former IRS agent Chris Janczewski which was used to track down the 2016 Bitfinex hacker who

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AI agents could be policing all crypto txs within 5 years: Chainalysis CEO

September 20, 2024 wp-bot Cointelegraph

Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers.

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How the IRS seized $10B worth of crypto using blockchain analytics

May 11, 2023 wp-bot Cointelegraph

A public-private partnership with blockchain analytics firm Chainalysis has played a key role in helping the Internal Revenue Service solve cryptocurrency-related crimes.

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Blockchain
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