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Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, on Crypto Taxation | Ep. 206
21.2.2023
In an exclusive interview with cryptonews.com, Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, talks about the ins and outs of crypto taxation, the different taxable events, and crypto tax best practices. ...
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IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
17.6.2020
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over...
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...