31 Jul '17, 5pm

14,000 Coinbase Customers Could Be Affected by IRS Tax Summons

Digital currency exchange startup Coinbase is pushing back against a renewed court effort by the Internal Revenue Service to obtain information on some of its customers. Earlier this month, the IRS sought to narrow the scope of its investigation of the startup's customers after running into opposition from both Coinbase itself as well as several of its customers. The dispute dates back to November , when the tax agency first went to court in a bid to obtain user records from Coinbase for the period between 2013 and 2015. Ultimately, the IRS told the court that it would limit its investigation to customers who have conducted at least $20,000 in business during those years. Yet in a July 27 court filing, Coinbase argued that request remains overly broad, amounting to little more than a "fishing expedition" at the expense of lawful taxpayers rather than a serious investigativ...

Full article: https://www.coindesk.com/14000-coinbase-bitcoin-could-be-...

Tweets

How to bring your potential #customers back wit...

searchengineland.com 31 Jul '17, 8am

Retargeting is a pretty big deal these days. In fact, AdRoll reports that over 80 percent of marketers ran retargeting ads...

#14 – EURUSD (Update): Price action of the Mont...

thefinance.sg 01 Aug '17, 6pm

Price action of the Monthly Chart , shows that euro is in a bullish rally against the dollar, as you can see price is in a...

Football megastar Ronaldo due in Spanish court ...

sg.news.yahoo.com 31 Jul '17, 2am

Football megastar Cristiano Ronaldo appears in court near Madrid on Monday accused of evading millions of euros in taxes, ...