Cryptocurrencies are held by individuals and organizations all over the world, and the US government has been trying to seize them for years. In most cases, the government has been successful in obtaining the cryptocurrencies, but a recent case has proven how hard it is to seize digital assets. The case in question is that […]
What If I Don’t File Crypto Taxes
What if I don’t file crypto taxes? Cryptocurrencies are considered a form of property for tax purposes, meaning that anyone who has made gains from trading or using cryptocurrencies must report these to the IRS. Failing to do so can result in hefty fines and even imprisonment. The IRS has been clear in its stance […]
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