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11 Nov 2021 1 minute read 2 comments SeventyFourSeventyFive
The second installment in working through the new infrastructure bill. Kudos to you if you got the Hot Shots reference. The bill expands a section of the U.S. tax code called 6050I to include digital assets. Now, there was a whole lot of noise abou...
10 Nov 2021 2 minute read 5 comments SeventyFourSeventyFive
The Infrastructure Bill Passed last week and in what I can only call a bait and switch, at best, the government is going to go after your crypto earnings. The idea is that they will help pay for the bill by taxing crypto (I have never been against p...
22 May 2021 1 minute read 0 comments howardroark
Samuel Adams was the founder of "The Sons of Liberty". Those guys who dressed as indians (politically incorrect) and threw tea into the Boston Harbor. He was outspoken against British Taxation. He was essentially a terrorist. All this put his life a...
25 Feb 2021 3 minute read 0 comments Phul
I am a certified public accountant that is based out of New Jersey, and I'm continuing my extensive guide covering the interactions of United States tax law and cryptocurrency. You can view the first part on LeoFinance, my own blog, Medium, Reddit, a...
24 Jan 2021 2 minute read 0 comments zadmed
If you've received a notice of audit from the IRS here's a few things you should know to ensure that your experience is as painless as possible. The last thing you want to do is ignore the request for documentation. Even if you don't have what's bein...
16 Jan 2021 1 minute read 0 comments KadilaK81
Recently I found out you could go online to the "get my payment" IRS website and see what date if any your Second stimulus check would be direct deposited or mailed out. So I went to the website and put in the required credentials and found that...
6 Nov 2020 1 minute read 2 comments author_nan
United States authorities have seized over $1 billion worth of Bitcoins (BTC) associated with darknet marketplace Silk Road, according to a statement published by the United States Department of Justice (DOJ) on Nov. 4. The DOJ filed a civil complai...
27 Oct 2020 1 minute read 16 comments author_nan
The United States Internal Revenue Service (IRS) has clarified that those who have only held crypto assets in 2020 need not answer yes to the question of whether they have received any financial interest via cryptocurrencies. The IRS issued the clari...
5 Oct 2020 1 minute read 0 comments author_nan
The United States Internal Revenue Service (IRS) has awarded two $625,000 contracts to Chainalysis and data forensics analysis firm Integra FEC to crack Monero (XMR), according to filings posted on September 30. Chainalysis and Integra will both rec...
17 Sep 2020 1 minute read 7 comments author_nan
The United States Internal Revenue Service is offering a bounty of up to $625,000 to individuals who are successfully able to breach the privacy protocol of Monero (XMR), according to a proposal published in early September. The proposal asks for su...
