Normally, the IRS can go back 3 years to audit you, but they can sometimes go back 6 years or indefinitely. Learn why from our tax lawyers.
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IRS representatives met with tax authorities from the U.K., Australia, Canada, and the Netherlands. Together, they identified “dozens” of potential
The Internal Revenue Service released a new Form 1040 draft — and Schedule 1 (Additional Income and Adjustments to Income)
Will US lawmakers bungle the burgeoning blockchain industry by amending a 50-year-old law so it covers cryptocurrency transactions? Rumblings around
Amazon crushed the IRS in court. The online retailer and the tax agency clashed over transactions with Amazon’s Luxembourg subsidiary
LIBRA, Facebook’s proposed cryptocurrency, has Capitol Hill buzzing. Politicians from both sides of the aisle have voiced concerns. The President
If you’re involved in the cryptocurrency world, it’s important to acquaint yourself with the “J5.” A joint law enforcement venture
Here’s another reminder to people with foreign bank accounts and holdings: Submitting FBAR paperwork is an annual must! Failure to
IRS Letter 6174-A: Uncle Sam is Officially on the Hunt for People Not Properly Reporting Crypto Transactions
Not to be those people…but we told you so. Cryptocurrency Tax Letter 6174-A: IRS on the Hunt for Virtual Currency