Articles Posted in Crypto Taxes

Court Authorizes Kraken Summons Seeking Identity of Crypto Users; Kraken Providing User Info to IRS
Kugelman Law

Kraken Summons Targets Taxpayers With $20,000 in Transactions A federal court has ordered Kraken exchange to provide account information to the IRS pursuant to a “John Doe” summons. The IRS sought information about U.S. taxpayers who conducted at least $20,000 in transactions on the exchange from 2016 through 2020. In October 2023, Kraken emailed customers…

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