Tax and Private Client Blog

Tax and Private Client Blog

Minor Victory, Minor Defeat: IRS's Attempt to Seek Identities of Taxpayers Engaged In Cryptocurrency Transactions

An ongoing battle with Coinbase, Inc. (Coinbase), a virtual currency exchanger, where the Internal Revenue Service (IRS) has been attempting to access user records, through a “John Doe” summons, to investigate tax evasion by U.S. taxpayers has finally come to an end.