IRS May Win Battle with Coinbase, Lose War with Bitcoin

IRS May Win Battle with Coinbase, Lose War with Bitcoin

“AN INNOVATIVE MEDIUM OF EXCHANGE” by Fergus, Hodgson, Tax Revolution Institute, ©2016 (Dec. 29, 2016) — Resistance from Coinbase and its customers toward the Internal Revenue Service summons appears futile. Their appeals against the “John Doe” data sweep will likely fall flat, because the IRS is correct in its suspicions. As reported in detail by […]

IRS Missteps with Bitcoin Lead to Witch Hunt of Coinbase Clients

IRS Missteps with Bitcoin Lead to Witch Hunt of Coinbase Clients

“BOUND TO ADVERSELY AFFECT THE INDUSTRY” by Fergus Hodgson, Tax Revolution Institute, ©2016 (Nov. 18, 2016) — The Internal Revenue Service has dropped the ball on bitcoin and left users with little choice but noncompliance. Agency officials may have been in denial for the past few years, but the weight of criticism from both government […]