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[VIDEO] Crypto Daily Recap: Bitcoin and Blockchain News For Today November 5th
California Student Owes $400,000 To IRS For Crypto Gains, Staked $5,000 Into $880,000 California Student Owes $400,000 To IRS For Crypto Gains, Staked $5,000 Into $880,000 Compoud Creator Robert Leshner: Rising Interest Rates Could Negatively Impact Cryptocurrency Compoud Creator Robert Leshner: Rising Interest Rates Could Negatively Impact Cryptocurrency Litecoin (LTC) Creator: No One Can Ever […] дальше »
2018-11-6 07:46 | |
New Crypto Transaction Tax Regulations are a Necessity According to Committee for IRS
New Tax Regulations Are a Necessity For Crypto Transactions, According to Committee For IRS The U. S. Internal Revenue Service (IRS) may pursue a recent recommendation from an advisory committee regarding cryptocurrency. дальше »
2018-10-27 22:44 | |
IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code
On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. дальше »
2018-10-27 20:34 | |
U.S. Congressman Drafts Blockchain Development Bills
The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. дальше »
2018-9-22 18:10 | |
U.S. Lawmakers Ask IRS To Focus on Simplifying Cryptocurrency Taxation
Cryptocurrency, Taxation–In an open letter submitted on Wednesday, members of the United States Congress made a bid to the IRS to shift practices away from fretting over the enforcement of cryptocurrency laws and to instead seek simplification. дальше »
2018-9-21 20:06 | |
Republican Representatives Urge IRS To Update Crypto Tax Guidelines
Despite the growing interest in cryptocurrencies, the Internal Revenue Service has failed to update their tax guidelines regarding digital assets. On September 19th, five U. S. legislators sent a letter to the IRS that “strongly urged” the group to update their cryptocurrency tax guidelines. дальше »
2018-9-21 04:40 | |
US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance
On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when US […] The post US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance appeared first on Bitcoin News. дальше »
2018-9-21 04:25 | |
Congress Pressures IRS to Issue Better Tax Guidelines for Cryptocurrency
In a letter sent from the House Ways and Means Committee on Wednesday, U. S. lawmakers are calling on the Internal Revenue Service (IRS) to issue more specific guidelines for taxes on digital assets. дальше »
2018-9-21 04:00 | |
Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS
In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes. дальше »
2018-9-21 23:35 | |
US Congress Requests Comprehensive Cryptocurrency Guidance From IRS
The current guidelines, begun in 2014, are still "preliminary."
дальше »2018-9-21 21:20 | |
[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts
Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix. дальше »
2018-9-11 16:58 | |
U.S. Tax Policy Is a Stumbling Block for Bitcoin Adoption
George Popescu has come down hard on the American Internal Revenue Service (IRS) and the U. S. tax code in general as stifling instead of enabling innovation through cryptocurrency adoption. In a Medium post published on August 22, 2018, the founder of crypto industry publication Blockchain Times and augmented reality startup Lampix stated that tax policy is effectively blocking crypto payments. дальше »
2018-8-25 01:00 | |
[promoted] Equity Trust Forges a New Path for Crypto-Based IRA Investments
Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings. дальше »
2018-8-18 22:30 | |
The evidence of a crack down on tax evasion and cryptocurrency: IRS find culprits at Lordsofcypto
Just recently, there is evidence of a crackdown on tax evasion and cryptocurrency. Agents are now learning blockchain technology to allow them to follow the money through the system. The Internal Revenue Service (IRS) has gathered a specified team of criminal agents to establish tax evasion cases on users of cryptocurrencies like lordsofcrypto, a popular […] дальше »
2018-8-2 22:53 | |
Bitcoin’s IRS Tax Implications: Optimal Crypto Asset Accounting & Reporting Models
The IRS recently warned that virtual currency transactions are taxable by law and that people who fail to report their cryptocurrency income, file cryptocurrency late, or file crypto taxes improperly may incur penalties and interest. дальше »
2018-7-29 22:59 | |
IRS Continues to Crack Down on Cryptocurrency Holders Who Shun Taxes
The IRS is keeping close tabs on cryptocurrency users across the United States. A brand-new compliance campaign has been launched to ensure everyone files their taxes properly when it comes to Bitcoin and altcoins. дальше »
2018-7-11 17:00 | |
What Is the J5 Initiative?
Cryptocurrency users have a few interesting habits when it comes to dealing with taxes. This has caused the IRS to launch official investigations involving cryptocurrency exchanges. Additionally, it seems the agency has co-founded the J5 initiative, or Joint Chiefs of Global Tax Enforcement. дальше »
2018-7-5 22:00 | |
IRS Launches International Effort to Investigate Cryptocurrency Tax Crimes
The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from four other nations to form a coalition tasked with combating cryptocurrency-related tax crimes. дальше »
2018-7-5 03:00 | |
International Coalition Set to Tackle Cryptocurrency Tax Crime
In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release. дальше »
2018-7-4 23:36 | |
IRS Seeks Cryptocurrency Tax Fraud and Unreported Taxable Gains
Cryptocurrency has brought about uncertainty for investors for both investors and lawmakers. A significant point of contention is whether investors are obligated to pay taxes on their cryptocurrency transactions. дальше »
2018-6-30 06:10 | |
IRS Ramping Up Investigations Into Unreported Cryptocurrency Gains
The Internal Revenue Service (IRS) is stepping up its investigations into cryptocurrency-related tax fraud and unreported taxable gains. Clearer laws and guidelines are expected in the near future and could open the door to litigation and penalties against those who fail to cooperate. дальше »
2018-6-29 03:00 | |
Bitcoin Trusts Can Save Traders From Taxes
The Securities and Exchange Commission (SEC), recently, noted that Bitcoin and Ethereum could not be considered “securities. ” While this made investors cheer, there is still one complicated regulatory battle they have to win. дальше »
2018-6-22 14:31 | |
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