Users who bought, sold or sent more than $20,000 worth of digital currency targeted
The exchange lost a legal battle and now Bitcoin's tax problem is coming to a head.
Obamacare's Revenge: The IRS Will Not Process Your Tax Return Unless You Tell Them Whether You Have Health Insurance Or Not
At first glance, it might seem like some justice has finally been delivered.
U.S. Army veteran Oh Suk Kwon, who owned a gas station in Maryland, was forced to close his small business after the IRS seized $59,000 from him and refused to give it back. Edward Griffin, Kwon's attorney, discussed the details of the issue on the
Various media sources have reported that federal District Court Judge Reggie Walton has ordered the IRS to finally respond to various legal requests for information and documents made by the conservative tea party organizations that sued the agency.
Last month Alt-Market.com founder Brandon Smith warned that Bitcoin may not be all that it's cracked up to be in terms of its purported anonymity:
The IRS is actively seeking out tax evaders using Bitcoin, employing tools like Chainalysis to unmask them.
Cryptocurrencies were supposed to be largely anonymous. But a software tool gives the IRS has a better chance of identifying people who hide their wealth.
Amidst the flood of bad news is a piece of very good news. In 2013, the Internal Revenue Service (IRS), headed at the time by Lois Lerner, admitted it was applying extra scrutiny to conservative groups applying for nonprofit status. Lerner said:
GOING TO HAVE A FIELD DAY ...This is certainly something to celebrate on Independence day. Emily Nowak for Liberty Writers reports, Nothing like knowing your hard earned tax dollars are being put to good use, right? Well sadly that's not the case f
Media Matters founder David Brock has pocketed over $1million in unreported lease income. Trump administration shakeup at IRS could mean jail-time for the top Clinton aide
The quote in the headline comes from Ron Paul, and it should be the goal of every conservative lawmaker in the entire country.
Bear with me for a moment, because what I'm about to say will be grim at first, but I assure you that it has a strange and perhaps hilarious payoff.
Police departments aren't the only ones seizing money from citizens without charging them with a crime: the IRS is in the civil asset forfeiture game too.
Sherry Peel Jackson (Former IRS Agent) comes on the show to talk about the elimination of taxation, the legitimacy of the IRS - Richard Grove (Tragedy and Hope) comes on the show to give an update on what he has been up to, provides his thoughts on t
Sherry Peel Jackson (Former IRS Agent) comes on the show to talk about the elimination of taxation, the legitimacy of the IRS - Ross Trumble on how to make your voice heard (RTS System - Request to Speak) at the Arizona State Legislature
As emotions intensify over Trump's recent immigration ban, the State Department and IRS have quietly used it as a smokescreen to roll out a new policy that targets U.S. citizens for unpaid taxes.
Trump's pick for Treasury Secretary Steven Mnuchin says he will INCREASE the size of the IRS to help 'make money' for the government
The Internal Revenue Service has filed a "John Doe" summons seeking to require U.S. Bitcoin exchange Coinbase to turn over records about every transaction of every user from 2013 to 2015.
You've just arrived home from work. As you walk through your front door, your wife hands you a cocktail.
"Clinton Cash" author, Peter Schweizer, recently took to the airwaves to explain why the IRS investigation of the Clinton Foundation should be a "big deal" (also see Clinton Cash: "Devastating" Documentary Reveals How Clintons Went From "Dead Broke"
Facebook Inc. officials failed to show up after getting seven summonses from the Internal Revenue Service demanding internal corporate records on one of its offshore tax strategies, according to an IRS court filing.
In 2009, the IRS introduced the Offshore Voluntary Disclosure Program (OVDP). The program was designed to encourage US taxpayers to come forward with information about previously undisclosed offshore bank accounts, in exchange for reduced penalties.
As a US citizen or permanent resident, you are forgiven for the belief you have the right to remain silent.
Need To Tell Them… And What You Don't. With gold and silver gaining popularity as safe haven assets during economic crisis there is a strong possibility that we'll see prices go to all-time highs in the future. With those price increases will c
--but the Obama Administration, Hillary, and Half of Congress Doesn't Want You to Have One
The company behind the robot, which can weigh bags, print baggage tags and carry two suitcases, have described it as the 'future of baggage handling in airports'.
No One Hates the IRS More Than House Republicans … Pity John Koskinen, who agreed to take one of the worst jobs in America and is now being punished for it. In 2013, President Barack Obama asked Koskinen to take over at the Internal Revenue Servic