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IRS says identity thieves nabbed 100,000 income tax e-file PINs
Tax season is a busy time for the Internal Revenue Service, and identity thieves are only making it worse. The IRS confirmed that hackers used stolen social security numbers automated malware to generate over 100,000 e-file (electronic filing) PINs before the department but the clamps on the attack last week. Thieves were actually after 464,000 of the numbers, but were stopped about a quarter of the way through.
IRS says bitcoins are taxable property, but not currency
People love referring to Bitcoin as a "cryptocurrency," but the Internal Revenue Service looks at it a little differently. According to a new IRS statement, Bitcoin should be considered property, not currency. What does that mean for US Bitcoin aficionados? Quite a bit, actually.
