The IRS Confirms a new Wave of Cryptocurrency Audits is Coming

DIGIT — Mon, 11 Nov 2019 19:00:47 +0000

Tax agencies around the globe continue to crack down on cryptocurrency users. A new joint report by the IRS and other agencies confirm there are new tools being deployed to identify tax evaders, cybercriminals, and other culprits. For some time now, the Joint Chiefs of Global Tax Enforcement have been working together. The IRS Targets Crypto Traders Again This unit consists of the IRS, as well as officials from the UK, Canada, Australia, and The Netherlands. All of these tax agencies share one common goal” tracking down tax evaders and cybercriminals. In the past two years, part of the focus

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Debunking 6 False Rumors Plaguing Bitcoin in 2018

DIGIT — Mon, 06 Aug 2018 14:00:32 +0000

Even though Bitcoin is quite popular as an investment vehicle, there is a lot more to this technology than meets the eye. Even in 2018, misinformation and false rumors continue to tarnish the world’s leading cryptocurrency’s reputation. Educating the masses on Bitcoin will remain an ongoing challenge in the cryptocurrency industry. 6. Fixed Coin Supply ... Read more

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The IRS Confirms a new Wave of Cryptocurrency Audits is Coming

Debunking 6 False Rumors Plaguing Bitcoin in 2018