WARNING! IRS HAS OBTAINED RECORDS OF BITCOIN BUYERS AND SELLERS TO DETERMINE IF TAXPAYERS FAILED TO REPORT GAINS ON THEIR TAX RETURNS

a few months ago

In the Northern District of California federal court, the Internal Revenue Service (IRS) recently won a lawsuitagainst Coinbase, one of the largest Bitcoin wallet and exchanges, requiring it to hand over records relating to users who conducted Bitcoin trades worth more than $20,000 dating from 2013 to 2015. The court granted the IRS the right to obtain […]

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