Tech meets tax — from IRS digital tools to crypto, AI, and the tech trends reshaping how taxes get filed and enforced.
For months, customers, lawyers, and privacy experts have been voicing concerns about the scope of a “John Doe” summons that the Internal Revenue Service (IRS) seeks to serve on on Coinbase. Now, Congress has joined the clamor.
Berns Weiss LLP has filed a motion on behalf of two Coinbase customers seeking to intervene in an ongoing dispute over an attempt by the Internal Revenue Service (IRS) to issue a “John Doe” summons on Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum.
On a day filled with testimony about the danger of cyber threats to our national security, President Donald Trump signed an executive order intended to “strengthen the cybersecurity of federal networks and critical infrastructure.” Here’s what it said.
California has long been considered fairly aggressive when it comes to how far they’re willing to go to impose taxes – now, the state may literally be reaching for the stars. The state has introduced a proposal that would make it the first state to tax commercial space transportation companies.
The IRS is trying again to make Coinbase turn over information about certain of its account holders. Citing data that it suggests proves noncompliance with tax laws, IRS wants to review data from U.S. Coinbase account holders who traded in bitcoin from 2013 to 2015.
As the legal maneuverings over the rights of the Internal Revenue Service (IRS) to gain access to Coinbase customer accounts, continue, Brian Armstrong, Co-Founder and CEO at Coinbase, took to the publishing platform, Medium, to explain his side of the story.
A Coinbase customer has filed a motion in federal court seeking to block the Internal Revenue Service (IRS) from issuing a “John Doe” summons on Coinbase. Coinbase, headquartered in San Francisco, California, facilitates transactions of digital currencies like Bitcoin and Ethereum.
A federal court has granted a motion authorizing the Internal Revenue Service (IRS) to serve a “John Doe” summons on Coinbase requesting the identities of United States Coinbase customers.
The IRS and state tax authorities have been exploring ways to combat tax fraud while still ensuring that honest taxpayers receive their refunds in a timely manner. The Alabama Department of Revenue is hoping that new technology will help them stay ahead of scammers and thieves. All it takes is a cell phone.
Taxpayers and consumers should cheer a new crackdown on robocalls. The “Robocall Strike Force” is an industry-led group committed to developing comprehensive solutions to prevent, detect, and filter unwanted robocalls. The strike force is made up of carriers, device makers, operating system developers, network designers, and the Federal Communications Commission (FCC).