After Fleeing From the US Government John McAfee Warns His Enemies

After Fleeing From the US Government John McAfee Warns His EnemiesFor a few weeks now, the former antivirus software tycoon John McAfee has said he is fleeing from the U.S. government for not paying his taxes. More recently McAfee’s been on a tweet tirade, speaking directly to his “pursuers” and telling them to leave him alone. Also Read: CME’s Bitcoin Futures Hit New Records McAfee: […]

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IRS Plans to Issue Guidance on Virtual Currency Taxation

Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official tax guidelines. Also read: Last Will Platform Allows Your Loved Ones to Inherit Your […]

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How Ambiguous Regulations Complicate Crypto Taxation

Cryptocurrency Taxation Is Complicated and Ambiguous Regulations Are to BlameFrom America to the United Kingdom and from Russia to Australia, cryptocurrency taxation in major bitcoin strongholds is complicated. Contradictory or non-existent laws, excessive red tape, and maddeningly vague guidelines have conspired to make the tax-paying process more arduous than it need be. Now, a number of advocates are pushing for simplified crypto tax guidelines. […]

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Canada Tax Agency Poses Probing Questions to Cryptocurrency Owners

Canada’s Tax Agency Poses Probing Questions to Cryptocurrency OwnersThe Canada Revenue Agency (CRA) has sent an extremely detailed questionnaire to citizens it believes to be in possession of cryptocurrency. Those suspected of failing to disclose the full extent of their holdings have been asked whether they use a cryptocurrency mixing service, and if so, why. They’ve also been asked to provide the full […]

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John McAfee Goes Into Exile Following Rumored IRS Charges

TheMerkle Coinbase IRSMost cryptocurrency enthusiasts are familiar with John McAfee. His tweets regarding privacy, Bitcoin and altcoin endorsements are all legendary by now. Unlike what some might assume, crypto is not his only focus right now. In a recent video, he confirmed he will run for President of the US in 2020, albeit he will not be on US soil for campaigning purposes until further notice.  It’s rumored the IRS has taken a keen interest in McAfee as of late. Unconfirmed IRS Charges Spook McAfee It’s always interesting to note how some seemingly unimportant political shifts can trigger a lot of backlash.

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