What coins are IRS approved?
I'm wondering which coins have been approved by the IRS for tax purposes. I need to know which ones are considered legitimate so I can report them accurately on my taxes.
Will the IRS audit the ERC?
I am wondering if the Internal Revenue Service (IRS) will conduct an audit on the Employee Retention Credit (ERC). I need to know the likelihood or possibility of this happening.
Does IRS accept cryptocurrency?
I'm wondering if the Internal Revenue Service (IRS) in the United States accepts payments in cryptocurrency. I've heard a lot about digital currencies like Bitcoin and Ethereum, and I'm curious if the IRS has started accepting them for tax payments or any other transactions.
Do gold buyers report to the IRS?
I'm considering selling some gold and I'm wondering if the buyer is required to report the transaction to the IRS. I want to understand the tax implications of selling gold.
Does the IRS know when you buy crypto?
I want to know if the IRS is aware of my crypto purchases. Can they track when I buy cryptocurrency?