IRSnews is the official social media account of the Internal Revenue Service, the U.S. federal agency responsible for tax administration and enforcement, including authority over digital-asset taxation and reporting. IRSnews's Twitter Score is 9.0 out of 1000 as of October 2026, ranking #103,495 among 498,348 tracked accounts.
IRSnews is affiliated with the U.S. Department of the Treasury and with IRS Criminal Investigation, the division that investigates potential criminal violations of the Internal Revenue Code and related financial crimes, including dedicated cyber and cryptocurrency cases. The account publishes tax announcements and guidance, and the IRS uses it strictly to share public information, never to solicit personal or financial details from users.
IRSnews treats digital assets as property for federal tax purposes, a classification that covers cryptocurrencies such as Bitcoin, stablecoins, and non-fungible tokens. Taxpayers are required to answer a mandatory yes-or-no digital-assets question on specified federal returns and must report income, gain, or loss from all taxable digital-asset transactions regardless of amount or whether an information return is received.
IRSnews and the U.S. Department of the Treasury published Treasury Decision 10000 on July 29, 2024, establishing digital-asset broker-reporting rules and methods for determining amount realized and basis on covered transactions. Under those rules, Form 1099-DA broker reporting applies to transactions on or after January 1, 2025, with basis reporting for certain transactions beginning on or after January 1, 2026. The IRS Criminal Investigation division also led the criminal investigation into Binance in the U.S. case in which the exchange admitted failures in anti-money-laundering compliance.
IRSnews has published 84,609 posts on the platform and has been active since 2009. The account has been mentioned by 267 accounts, with 684 total mentions.
Who follows IRSnews on X?
The accounts that follow IRSnews include 36 founders, 12 angel investors and 18 influencers. Among the notable followers are Gabriel Shapiro, Vinny Lingham, Buffalu, Sahil Lavingia, Anthony Scaramucci and Steve.