IRS to get Coinbase client trading data

in irs •  7 years ago 

IRS won a judgement to have Coinbase send them client information, trading transactions totaling more than $20,000 from 20130- 2015. This is the precedent for IRS to come after all cryptocurrency trading activity on all platforms.

Keep good records of your trades in cryptocurrencies and follow the law. The law is coming.

https://techcrunch.com/2017/11/29/coinbase-internal-revenue-service-taxation/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!