Amazon just received a patent for a product that tracks cryptocurrency transactions. It's going to be a subscription service that agencies can use to identify those that use cryptocurrency. Some of the primary targets that Amazon is going after are law enforcement and the IRS. Whether or not...
The Washington Post is reporting that the Internal Revenue Service's online system for submitting tax returns had widespread failures today. For several hours this morning the IRS' online payment page was also down, describing a "Planned Outage: April 17, 2018 - December 31, 9999."
Acting...
According to Coindesk, we are seeing Bitcoin continue its climb back to its previous "crazy" levels of value. I just looked up "volatility" in the dictionary, and there is now a picture of a Bitcoin there....no, not really, don't go look....that was a joke. Given past comments though in these...
The Internal Revenue Service is heading to court today (WARNING auto play video) with the goal of forcing Coinbase, a U.S. cryptocurrency exchange, to hand over data on a host of its users. I would suggest that people that have used Coinbase to move large quantities of Bitcoin/cash around are...
Not to lessen the impact of the recent Equifax hack, the IRS estimates that more than 100 million Americans already had their personal info stolen before the security breach. The IRS commissioner suggests that Americans should already expect their info to be out there and taxpayers should "act...