IRS Updates and Notices
Kraken to Share User Data with IRS: What You Need to Know
Corridor Consulting Responds to Kraken’s Compliance with IRS Information Requests and Advises Proactive Measures for Crypto Users In an unprecedented move impacting the cryptocurrency landscape, Kraken, a leading cryptocurrency exchange, has finally announced to its users its compliance with the IRS’s request to disclose complete transaction details of its users. The data, spanning from 2016 to 2020, includes personal information such as names, dates of birth, tax IDs, addresses, and detailed transaction records. This development follows a court ruling which effectively pauses the statute of limitations clock for the IRS, giving them extended time to assess and take potential legal