Can New Bill Help NJ Become a Crypto Industry Hub?New Jersey lawmakers are hoping to lure cryptocurrency businesses away from neighboring New York City with more business-friendly regulations for...Author: Jeffrey R. PittardJune 7, 2022
IRS Asks Congress to Expand Cryptocurrency Enforcement AuthorityThe Internal Revenue Service (IRS) is continuing its cryptocurrency crackdown... The Internal Revenue Service (IRS) is continuing its cryptocurrency crackdown....Author: Jeffrey R. PittardJune 29, 2021
IRS Targeting Cryptocurrency Platforms to Obtain Taxpayer InformationThe Internal Revenue Service (IRS) continues to ramp up its efforts to identify taxpayers that have failed to properly report...Author: Jeffrey R. PittardJune 9, 2021
Do Cryptocurrency Transactions Above $10K Have to Be Reported to IRS?The U.S. Treasury Department is looking to boost tax compliance on virtual currency by imposing a new reporting requirement on...Author: Jeffrey R. PittardJune 7, 2021