Crypto Tax Crackdown Intensifies As UK Regulator Sends 65,000 Letters To Evaders — Details

Crypto

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a recent report, the United Kingdom tax authority has sent out tens of thousands of “nudge letters” to individuals suspected of owing or underreporting taxes on their crypto asset gains. This move reflects the increased tax scrutiny of cryptocurrency investors … Read more

IRS Intensifies Scrutiny Of Crypto With Surge In Warning Letters

Crypto

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As crypto prices see a new rebound with Bitcoin (BTC) leading the pack, US investors are not only anticipating significant returns on BTC and other digital assets but also facing increased scrutiny from the Internal Revenue Service (IRS).  Recent reports indicate that … Read more