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The IRS Hopes To Recover Billions In Taxes From Evading NFT Traders

According to a recent report by Bloomberg, the Internal Revenue Service now hopes to net Billions of Dollars in taxes from evading NFT traders. Shilled as the hottest sector now in the crypto ecosystem, the Non-Fungible Tokens (NFTs) market share has been spiraling at an unprecedented rate raking in Billions of dollars, most of which […] дальше »

2022-1-17 20:43


CoinPanda Review – Pricing, Supported Countries & Exchanges, Services (DeFi, Staking, Airdrops etc.)

Since cryptocurrencies have been classified as taxable assets by the IRS and other financial bodies in other countries, you need to pay taxes on them if you want to abide by the law. However, it can be a daunting task to calculate your taxes in the crypto world, especially since they are very volatile assets. дальше »

2021-12-30 15:23


How To Do Taxes on Your MetaMask Trades? Full Guide

It is the duty of every citizen to pay taxes to the government on all income generated from their various businesses. The tax is also extended to revenue generated from the financial markets.  Being a relatively newer aspect of the financial markets, the world of crypto has seen fewer regulations when compared with the stock […] The post How To Do Taxes on Your MetaMask Trades? Full Guide appeared first on CaptainAltcoin. дальше »

2021-12-29 15:28


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Why Elon Musk Says Crypto Skeptic Senator Elizabeth Warren Must Leave Office

One of the Senate’s most prominent crypto skeptics and Tesla/SpaceX CEO Elon Musk are in the middle of a full-scale Twitter spat. Massachusetts Senator Elizabeth Warren called Musk a freeloader for not paying income taxes as she stresses enacting a wealth tax legislation that would require Musk to pay billions in taxes. The world’s richest […] дальше »

2021-12-18 19:19


$25B in Bitcoin, TSLA's balance sheet conversion - Saylor's 'alternate strategy' for Musk

The final passage of the U.S. Infrastructure Bill, one containing several provisions for cryptocurrency taxes, has led to the industry rallying against the U.S Congress. However, another proposal wranThe post $25B in Bitcoin, TSLA's balance sheet conversion - Saylor's 'alternate strategy' for Musk appeared first on AMBCrypto. дальше »

2021-11-8 23:30


Cardano Investors In Japan Come Under Fire For $6 Million In Underreported Taxes

Cardano investors in Japan have come under scrutiny after authorities reported that investors in the asset had underreported their taxes from their trading activities. It was reported that multiple cities in the country had seen profits from trading in Cardano’s native token ADA but had not reported the earnings made from investing in the digital asset. дальше »

2021-10-7 02:00


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Philippines Regulator Instructs Axie Infinity Players to Pay Taxes on Income Made from In-Game Assets

The Philippines financial regulator has not taken kindly to people making money off of blockbuster blockchain-based game Axie Infinity. Income Made via Axie Infinity is Taxable The Department of Finance (DOF) of the Philippines has warned the players of the popular blockchain-based game Axie Infinity that they must pay taxes on the real-world money theyRead More дальше »

2021-8-25 10:00


TokenTax Review [2021] – Is Token Tax a Good Crypto Tax Calculator?

Today, cryptocurrencies are taxed in almost every country in the world. However, calculating your crypto taxes is one of the more stressful parts of being a crypto trader because it is very time consuming – not to mention difficult! The time it takes to report on your crypto taxes depend on many things, such as […] The post TokenTax Review [2021] – Is Token Tax a Good Crypto Tax Calculator? appeared first on CaptainAltcoin. дальше »

2021-8-24 13:30


Joint Committee on Taxation Estimates $28 Billion from Crypto Taxes to Fund its Infrastructure Plan

The Joint Committee on Taxation estimates to raise $28 billion over a decade to fund its infrastructure plan by strengthening tax enforcement on the cryptocurrency industry. This will be used to offset the package’s $550 billion in new spending for roads, highways, bridges, and other infrastructure projects. дальше »

2021-8-3 17:14


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U.S. Authorities Set to Impose Stricter Crypto Taxes on Investors

United States lawmakers are looking to impose stricter taxation rules on crypto investors, in a bid to milk out roughly $28 billion from the industry and use it to fund part of the proposed $1 trillion bipartisan infrastructure deal that aims to invest over half a trillion dollars in the country’s public works system, accordingRead More дальше »

2021-7-30 21:00