IRS announces key changes for NFTs in latest tax guidelines

The United States Internal Revenue Service (IRS) has released an updated draft of the 2022 tax form which has provided clarity regarding the guidelines for taxes pertaining to the crypto industry, moThe post IRS announces key changes for NFTs in latest tax guidelines appeared first on AMBCrypto. дальше »

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US tax watchdog classifies NFT as digital assets for tax purposes

The United States Internal Revenue Service (IRS) could begin to tax non-fungible tokens (NFTs) as it has classified them as digital assets alongside virtual currencies in its updated draft instructions for the 2022 tax year. дальше »

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Налогоплательщикам США меняют порядок отчета о цифровых активах

Налоговая служба США (IRS) опубликовала проект документа, где дала расширенное понимание цифровых активов и формы подачи информации о криптооперациях. дальше »

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IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year

An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new “Digital Asset” category. дальше »

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IRS Expands Key US Tax Language to Include NFTs

Newly released draft instructions for the 2022 tax year change the language from “virtual currency” to broader “digital assets.” дальше »

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Tax on income you never earned? It’s possible after Ethereum’s Merge

IRS rules weren’t ready for the Ethereum upgrade. It’s unlikely to become the fiasco that taxpayers experienced when Bitcoin forked in 2017, but there are measures they can take to prepare for whatever the IRS decides. дальше »

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Binance Global Law Enforcement Training Program is official after year of activities

The cryptocurrency exchange has been holding workshops for law enforcement worldwide since hiring a prominent IRS cybercrime investigator to head its anticrime unit. дальше »

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IRS Plans to Hunt Down Crypto Users Who Avoid Paying Taxes

The U.S. Internal Revenue Service has secured a court order to obtain transaction records of U.S. taxpayers suspected of crypto tax evasion. The post IRS Plans to Hunt Down Crypto Users Who Avoid Paying Taxes appeared first on BeInCrypto. дальше »

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Crypto profits going unreported? Here's why you may be on the IRS radar 

A U.S. District Judge recently issued an order with regards to taxation paid on cryptocurrencies. The Judge authorizing Internal Revenue Service (IRS) to seek information related to American taxpayersThe post Crypto profits going unreported? Here's why you may be on the IRS radar  appeared first on AMBCrypto. дальше »

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U.S IRS Obtains Court Summons to Reign in Crypto Tax Evaders

The United States Internal Revenue Service (IRS) has been authorized by a court to issue a so-called “John Doe” summons against M.Y. Safra Bank. The request follows the failure of crypto users who use the bank to pay their transaction… дальше »

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IRS Targets Crypto Tax Evaders With M.Y. Safra Bank Summons

The ability to issue “John Doe” summons to M.Y. Safra Bank has been authorized by the U.S. Internal Revenue Service (IRS), enabling the tax authority to seek information on clients of the bank’s partner SFOX, a crypto primary broker. IRS’… дальше »

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IRS secures court approval to probe records of M.Y. Safra Bank, SFOX users over failure to report taxes

On September 22, a United States judge granted the Internal Revenue Service’s (IRS) petition that requires M.Y. The post IRS secures court approval to probe records of M.Y. Safra Bank, SFOX users over failure to report taxes appeared first on CryptoSlate. дальше »

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IRS to summon users who don’t report and pay tax on crypto transactions

The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.

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US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders

The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions. дальше »

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Суд обязал клиентов SFOX и MY Safra Bank отчитаться об уплате налогов

Судебные органы Нью-Йорка и Лос-Анжелеса обязали MY Safra Bank предоставить налоговой службе США &#40;IRS&#41; исчерпывающую информацию о клиентах криптовалютного дилера SFOX.<br /> <br /> дальше »

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Get ready for a swarm of incompetent IRS agents in 2023

The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years. дальше »

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Can The IRS Track Cryptocurrency? How Does IRS Track Bitcoin?

How does The IRS Knows You Owe Crypto Taxes? The IRS is gathering more and more information about cryptocurrency transactions. In order to operate in the US, all significant cryptocurrency exchanges must now finish Know-Your-Customer (KYC) checks on both new and existing users. дальше »

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Can the government track Bitcoin?

The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes. дальше »

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Biden is hiring 87,000 new IRS agents — and they're coming for you

The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of your income level. дальше »

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Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K

BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure. дальше »

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IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers

The U.S. tax service has used the same tactic to gain information from Circle, Coinbase and Kraken in recent years, as analysis finds that half of taxes on crypto go unpaid. дальше »

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IRS to Serve Summons to Crypto Dealer SFOX Looking for Possible Tax Evaders

The IRS can serve a "John Doe" summons on crypto prime dealer SFOX, a court ruled Monday, allowing the tax agency to ask SFOX to provide details on any customers who transacted over $20,000 between 2016 and 2021. дальше »

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IRS запросила информацию о клиентах SFOX и M.Y. Safra Bank для сбора налогов

Налоговая служба США &#40;IRS&#41; обратилась в судебные инстанции за разрешением на получение данных об операциях клиентов криптовалютного дилера SFOX и его партнера M.Y. Safra Bank. дальше »

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IRS Likely to Delay Crypto Exchange Reporting

The Biden administration seems poised to delay when it expects cryptocurrency brokers and exchanges to start reporting on their clients’ trading. The post IRS Likely to Delay Crypto Exchange Reporting appeared first on BeInCrypto. дальше »

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US govt delays enforcement of crypto broker reporting requirements: Report

The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024. дальше »

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Coin Center оспорил требование к американцам отчитываться по криптоналогам

Криптовалютный аналитический центр Coin Center подал в суд на Минфин США и Налоговую службу США &#40;IRS&#41;, обвинив их в нарушении конституции. дальше »

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Coin Center Sues U.S. Treasury and IRS Over ‘Unconstitutional’ Tax Reporting Rule

Coin Center filed a lawsuit against the U.S. Treasury Department for drafting an unconstitutional amendment to the infrastructure bill. The post Coin Center Sues U.S. Treasury and IRS Over ‘Unconstitutional’ Tax Reporting Rule appeared first on BeInCrypto. дальше »

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Report: Crypto traders potentially owe IRS around $50B in unpaid taxes

A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service (IRS), saying that the tax gap for crypto traders could be up to $50 billion, CNBC reported. дальше »

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Free Crypto Tax Calculators – Calculate Your Bitcoin Taxes For FREE

As with every income in life, cryptocurrency income is also taxed in many nations. This is especially true when it comes to the USA. The IRS is notified with every action within US jurisdiction and that means every American is liable for their crypto income and taxing it. дальше »

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Taxpayers get a surprise as the IRS pushes for reporting on crypto assets

The 2022 tax season is coming to an end without many challenges.

The post Taxpayers get a surprise as the IRS pushes for reporting on crypto assets appeared first on CryptoSlate.

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3 Crypto Tax Tips to Avoid IRS Trouble

Crypto investors filing their taxes must know how to track cost basis, maintain good records of all original purchases and transactions, and report everything in USD terms. дальше »

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Are Cryptocurrencies like Bitcoin Taxed? If so, How?

Crypto taxes are based on a 2014 IRS ruling that cryptocurrencies such as stocks and bonds can be treated as investments, regardless of whether the... дальше »

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Crypto donation startup launches IRS form as US tax season looms

Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar. дальше »

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Минфин США предложил обязать сообщать о зарубежных счетах в криптовалюте

В ведомстве назвали правоприменение в отношении цифровых активов растущей проблемой. Министерство финансов США предложило распространить на криптовалюты требования об информировании Налоговой службы IRS о зарубежных счетах граждан с активами свыше $50 тыс. дальше »

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Минфин США предложил сообщать о зарубежных криптосчетах с активами свыше $50 000

Минфин США выдвинул предложение о распространении на криптовалюты требования об информировании IRS о наличии за рубежом счетов с активами свыше $50 000. В настоящий момент подобное правило не затрагивает цифровые валюты. дальше »

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What’s at Stake as Josh Jarrett Sues the IRS

The Proof of Stake Alliance advocates for staking rewards to be treated as property, not income. дальше »

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Important Info about the future of NFT taxing in the US

Earlier this year, the US made the process of NFT trading easier by making sense of the tax and investment ramifications of NFTs and Crypto assets. Knock Knock; it’s the IRS NFTs and crypto assets are fun and games until the tax person comes knocking for their cut. дальше »

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How are cryptocurrency taxes reported?

Cryptocurrencies and NFTs are viewed differently than other investments by the IRS, making for a complex tax landscape.

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IRS: «продолжение суда с Джарреттами может приведести к неуплате подоходного налога со стейкинга»

Налоговая служба США &#40;IRS&#41; заявила о недопустимости отказа от компенсации семьей Джарреттов и продолжения судебного разбирательства о налогообложении вознаграждения за стейкинг криптовалют. дальше »

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What You Need to Know About Taxes Before You Claim Your Next Airdrop

Investors receiving airdrops should be aware of the tax implications of their newly-earned tokens to avoid unwelcome surprises from the IRS. дальше »

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Why We Still Need Guidance on Staking Rewards Taxation

A tax consultant and CPA analyzes the recent decision by the IRS to refund $3,200 to the Tennessee couple taxed on their Tezos staking rewards. дальше »

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FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto

For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion. дальше »

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Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws

Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep firms are rolling out crypto services. дальше »

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Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved

A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. дальше »

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Американским налогоплательщикам разрешили не использовать распознавание лиц для авторизации на сайте

Налоговая служба США (IRS) предоставила альтернативу системе распознавания лиц для подтверждения личности налогоплательщика при получении онлайн-услуг. Агентство также установило правила удаления биометрических данных. дальше »

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Crypto Taxes You Should Be Aware Of This 2022 – The IRS Breathes Down Your Neck

If you’ve gone deep in the current crypto craze, you might need to prepare your heart once you do your crypto taxes.   Crypto may have started out as a humble money gig, but with its total value at nearly $2 trillion, many are betting it’s “the future of money. дальше »

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US Treasury exempts crypto miners from IRS reporting rules

Last year, US legislatures were torn between supporting and rejecting the Infrastructure Bill due to its lack of clarity. However, the recent announcement by the US Treasury is a major win for the cryptocurrency industry. дальше »

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Майнеров в США освободят от налоговой отчетности

От необходимости предоставлять налоговую отчетность также освободят разработчиков программного обеспечения и лиц, занимающихся стекингом. Министерство финансов США в ответ на обращение сенаторов направило им письмо, в котором объявило о планах освободить майнеров криптовалют, лиц, занимающихся стекингом, и разработчиков программного обеспечения от необходимости предоставлять отчетность в Налоговую службу США (IRS). дальше »

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Минфин США освободит майнеров от необходимости заполнения налоговой отчетности

Министерство финансов США в ответ на обращение сенаторов направило им письмо, в котором объявило о планах освободить майнеров криптовалют, лиц, занимающихся стекингом, и разработчиков программного обеспечения от необходимости предоставлять отчетность в Налоговую службу США (IRS). дальше »

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Crypto miners exempt from IRS reporting rules, US Treasury affirms

The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations. дальше »

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