IRS

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Cryptocurrency Taxes: What You Need to Know

14 Sep 2019 5 minute read 1 comment MintDice.com

Taxes are one of the most important things to consider when dealing with assets of any kind, especially since failure to do so could lead to problems with the IRS. Some people are not aware that cryptocurrency is an asset, just like any other asset c...

IRS Sends Second Round of Crypto Tax Letters to Investors

17 Aug 2019 3 minute read 1 comment Bitcoin Mafia

The IRS is sending out another round of letters to cryptocurrency investors – this time telling them that their tax returns do not match records given by crypto exchanges. April 15th may be a few months in the rearview mirror, but that does not mea...

Cyber Crime Team vs. Crypto Holders

18 Jun 2019 1 minute read 1 comment restmode

Gary Alford the IRS agent that is responsible for the "Silk Road" shutdown now has his radar set on Bitcoin believers. The IRS is labeling recreational Bitcoin investors as "tax dodgers" and wants people to report cryptocurrency on taxes so the IRS c...

kurt russell in "crypto" and limiting the sixteenth amendment

20 Apr 2019 2 minute read 0 comments ghostm6

My intention of following up on last week's article with any sort of enthusiasm has been diminished.  From portly to frail... You can figure it as writer's block, but in reality I happened to look at some other article to see what type of work was ma...

Biden Will Take 50%+ of Your Profits - How to Avoid it.

5 Oct 2021 1 minute read 0 comments financialfreedomformula

Biden Will Take 50%+ of Your Profits - How to Avoid it. https://fff-sign-up.gr8.com/ In this video we learn why the tax to come from Biden will take 50% of your crypto and trading profits - and if you're in a Democratic State, EVEN MORE Don't miss th...

Mid-Year Prep - Airdrop Tax Hits Versus Normal Trading Taxes

17 Jun 2021 2 minute read 1 comment WinterYeti

A funny thing happened on the way to getting an explanation on how a hard fork would be taxed versus an airdrop. When the question went to the IRS (yes, those folks at the Internal Revenue Service), as to how either even should be treated for tax rep...