2023-11-14 17:05 |
The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The cryptocurrency space has been on the grayer side of the financial space since its conception. But with bitcoin and the traditional financial and crypto sector in general getting more intertwined, the government now seems to have found a way for cryptocurrency to be taxed.
2023-1-9 09:40 | |
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Are you struggling to understand what the tax implications of trading crypto might be? In this quick guide produced by the crypto tax experts at Ledgible, we’ll walk through the basic things you’ll need to know about crypto taxes globally.
2022-11-3 18:00 | |
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Best crypto tax software in Australia Crypto taxes are complex and you have to pay them if you’re living in Australia. You might want to keep your digital currency holdings separate from your regular investments, but you still need to pay income tax like everyone else.
2022-10-24 22:58 | |
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India’s regulatory agencies are pulling all the tricks from the playbook in an attempt to regulate cryptocurrencies, but it might not just be enough after imposing bans and introducing taxes. The post Indian Regulators Think Regulating Crypto Is Extremely Difficult, Offer Alternative appeared first on BeInCrypto.
2022-6-14 19:45 | |
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The venture capital firm released an analysis today further underlining the possible U.S. legal structures for DAOs, and suggesting it might be best not to run offshore to avoid taxes.
2022-6-3 21:00 | |
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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.
2022-5-20 20:50 | |
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Can you imagine paying your taxes in crypto? If you wonder what that might entail, the crypto-traders of Rio de Janeiro might be able to give you some answers in 2023. The former Brazilian capital The post Explained - Rio de Janeiro's 'plan' to accept taxes in crypto appeared first on AMBCrypto.
2022-3-27 17:30 | |
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With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hunnum. This piece is part of CoinDesk's Tax Week.
2022-2-25 22:49 | |
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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.
2022-2-18 06:17 | |
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The cryptocurrency regulatory framework in the US might not be well established, but this has not hindered the use and adoption of digital assets. Multiple states are rushing to endorse crypto assets and promote their regions as hubs for cryptocurrency trading.
2022-2-17 11:46 | |
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Thai ruling party MP Watanya Wongopasi has warned that crypto investors might shy away from injecting funds into the sector if the Excise department starts taxing trades. She said this in a Facebook post on January 20, urging the Excise department to conduct due diligence before imposing any taxes on crypto trading.
2022-1-22 00:45 | |
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What is the current outlook on bitcoin taxes, and what might the future hold as the network and asset grows?
2021-5-18 18:05 | |
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The ruling class is turning its eye to the cryptocurency space. Institutional adoption is one of the biggest stories of the last few months. After that, governments might follow suit. From MicroStrategy to Square, from Visa to Goldman Sachs, institutional buyers and big companies are slowly moving into the space. The money attracted them, and […]
2021-5-13 04:51 | |
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Paying taxes on crypto has been something that the IRS has been very insistent on for quite a long time now. However, a lot of people who earn money through crypto trading still seem to believe that the nature of crypto and blockchain technology might be enough to protect them.
2021-5-10 15:41 | |
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Miami residents might soon start paying all or part of their taxes, among other fees in Bitcoin (BTC). The city’s pro-crypto mayor, Francis Suarez unveiled this news through a tweet on February 12, noting that the city’s commission held a meeting on Thursday and voted in favour of promoting crypto.
2021-2-13 23:23 | |
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South Korea’s National Assembly may grant a three-month extension for the enactment of its planned crypto tax policy following consultations with industry stakeholders. Several commentators within the country’s cryptocurrency space still argue that levying taxes on virtual currency trading gains will likely stifle the growth of crypto commerce in the country.
2020-11-25 16:30 | |
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Zero taxes for crypto traders and miners: Is Portugal poised to become a Bitcoin tax haven?
2020-3-28 15:41 | |
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Be careful with cryptocurrency taxes because mistakes — even accidental ones — might cost you
2020-1-8 19:34 | |
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One noteworthy crypto-commentator has said that Bitcoin whales might be selling to put down losses on their 2019 tax return. How plausible is this theory? The founding partner of Partner Adamant Capital, Tuur Demeester (@TuurDemeester), has brought forward an interesting idea: what if major players in Bitcoin are selling to avoid taxes? One argument for […] The post Are Whales Selling Bitcoin to Put Down a Loss on Their 2019 Taxes? appeared first on BeInCrypto.
2019-11-26 10:34 | |
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The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of trades and transactions. The matter of cryptocurrency-related taxes has been a major question within the US for a few years now.
2019-11-15 11:42 | |
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Taxes are never popular, but in the U. S. , paying for crypto gains is like solving a Rubik’s Cube without touching it. While blindfolded. You might have correctly filed your obligations, but there’s no knowing until the tax authority explains exactly what those obligations are.
2019-9-5 21:21 | |
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Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours.
2019-8-28 12:46 | |
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Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.
2019-5-1 23:39 | |
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Many crypto investors today are full of common misconceptions that might actually end up affecting them in an adverse manner later down the line. For example, a lot of people are still under the impression that crypto assets are not taxable and thus can be used to circumvent the existing income tax laws of different […]
2019-4-1 14:38 | |
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Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.
2019-3-28 19:04 | |
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A Bitcoin Cash (BCH) supporter recently noted that the biggest hindrance to cryptocurrency adoption is tax laws and reporting taxes on digital currency usage. After reading the commentary, Bitcoin.
2019-3-21 04:30 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme.
2019-2-22 01:23 | |
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In the United States, the Internal Revenue Service (IRS) will be knocking cryptocurrency users’ doors explaining that it is mandatory to inform crypto trades and pay the related taxes on them. Investors, holders, and other individuals must be compliant with this issue.
2019-1-30 20:59 | |
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The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, bitcoin taxes can be complicated, but research suggests that 61% of holders don’t realize they can write off last years losses as a tax deduction.
2019-1-30 09:00 | |
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Overstock Pays Business Taxes In Bitcoin According to a press release from Overstock. com’s Investor portal, the Salt Lake City-headquartered online retailer and blockchain technology startup will begin to pay its business taxes with Bitcoin (BTC).
2019-1-4 05:00 | |
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If you bought Bitcoin and other cryptos when prices were high then there’s a silver lining around the gray state of the crypto markets now: any losses you take this year could place you in a lower tax bracket.
2018-12-11 20:04 | |
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Ohio might just become the first state to successfully adopt Bitcoin as tax payment, after failed attempts from other states in the country. Ohio’s Cryptocurrency Initiative Set to Fly High According to the Wall Street Journal, businesses in Ohio can now pay its taxes, ranging from taxes from cigarette sales to employee taxes, using the […] The post Bitcoin Tax Payments in Ohio is Now a Possibility appeared first on Ethereum World News.
2018-11-27 13:05 | |
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Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Cryptocurrency forks are as inevitable as death and taxes.
2018-11-16 18:31 | |
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In France, taxes on capital gains from Bitcoin trading might be cut to 30% from the current rate at 36.2%, as per a new budget bill amendment.
2018-11-9 13:48 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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The Chinese government has decided to tight policies that target investors in the country and that hold their wealth overseas with the intention to avoid paying taxes. However, these investors that are now threatened by the government might move to cryptocurrencies and avoid being investigated by Chinese authorities. Most of the Chinese investors with offshore […]
2018-10-15 18:24 | |
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The crypto world seems to be on a different planet to the regular banking world. The companies behind the various digital currencies and their products are almost out of a futuristic science fiction movie.
2018-10-11 13:00 | |
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The old saying about Death and Taxes is not quite accurate when it comes to cryptocurrencies. The Internal Revenue Service may seem as implacable as the specter of mortality, but at least the Grim Reaper is upfront about the price.
2018-9-25 21:20 | |
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Japan’s top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies. Taro Aso, the deputy prime minister and minister of finance, said he was cautious about making such a change.
2018-6-27 08:05 | |
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| Analogue Notcoin - TapSwap |
Unpacking the IRS’ controversial new crypto tax regulation proposals.
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” are set to benefit financially, he says, even if ordinary investors won’t.
Everything you need to know, courtesy of Jaimin Desai, CEO & Co-Founder of Reconcile, a tax optimization platform helping investors, business owners and high-income earners pay less tax.
The U.S. Internal Revenue Service (IRS) is gathering the final words now from a crypto sector that is arguing the agency's proposal for a digital-assets taxation regime is an existential threat to investor privacy and to decentralized crypto projects.