Bitcoin Fog Alleged Crypto Money Laundering Leads to Arrest Bitcoin Fog Alleged Crypto Money Laundering Leads to Arrest: After many years of chasing the owners behind the cryptocurrency Darkweb site Bitcoin Fog, the US Government was able to nab the alleged leader of the organization in […]
John Doe Summons Order for Cryptocurrency Taxpayer Name John Doe Summons Order for Cryptocurrency: The US Government continues to make cryptocurrency tax and reporting compliance a key enforcement priority. Recently, the District of Massachusetts affirmed the US Government’s request for a John Doe Summons to issue […]
US Government Pursues Cryptocurrency Tax Evasion & Fraud US Government Pursues Cryptocurrency Tax Evasion & Fraud: Oftentimes, when a US taxpayer violates the Security Exchange Commission (SEC), it will lead to two types of enforcement matters: a Civil Matter led by the SEC and a tandem […]
Cryptocurrency Tax Investigations are on the Rise The Number of Cryptocurrency Tax Investigation is on the Rise: As the US government had referenced several years back, they foresaw that cryptocurrency would go the way of the Swiss Bank Numbered Accounts – and to some degree they […]
FinCEN Cryptocurrency Notice Recommends FBAR Filing FinCEN Cryptocurrency FBAR Reporting Notice 2020-2: Proposed Filing: For many years, our international tax lawyers have authored a variety of different FBAR articles, and counseled many taxpayers worldwide on FBAR issues involving offshore cryptocurrency. Dating back over 10-years ago to […]