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US Congress is Making It Illegal for the IRS to Offer Free Tax Filing Service

The US Congress will soon officially ban the IRS from offering its own tax filing service, according to reporting by ProPublica, a non-profit news agency. Probably. Advocates of a free, government-sponsored tax filing service have long argued that the current system doesn’t do justice to the millions of taxpayers making under $66,000 per year who actually shouldn’t be paying anything to file their taxes. дальше »

2019-4-10 09:42


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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »

2019-4-3 00:47


It’s April 2019 Most Common Questions Bitcoin Users Have Regarding Cryptocurrency and Taxes

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 […] дальше »

2019-4-1 14:38


Innisfil Becomes First Canadian Town to Receive Crypto Tax Property Payments via Coinberry

The Canadian town of Innisfil has joined other towns in the world (like Ohio) to become the first metropolis to officially receive its taxes in cryptocurrency payments. Although this will not be available until sometime in April, residents of the town will have the option of paying property taxes either in fiat money or in […] дальше »

2019-3-29 03:40


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CRA Warns Digital Currency ‘Does Not Exempt’ Canadians from Their Tax Obligations

The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire.   Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada. дальше »

2019-3-8 05:00


New Hampshire Lawmakers to Allow Residents Pay Tax with Bitcoin and Cryptocurrency

A newly put forward cryptocurrency law in New Hampshire is getting some considerable progress. The law will give the people living in the state the opportunity to pay taxes using cryptocurrency. The bill recently scaled its initial reading as it was passed unanimously by a subcommittee on the House Executive Departments and Administration Committee. House […] дальше »

2019-2-9 17:48