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Cryptocurrency and Taxes: A Guide for the 2023-2024 US Tax Season
11.1.2024
Source: AdobeStock / Nuthawut If one thing in life is certain, it’s that we all have to pay taxes. Therefore, it’s important for cryptocurrency holders and investors to understand everything involved when it comes to crypto and taxes. This is becoming even more critical as digital assets gain...
How are cryptocurrency taxes reported?
3.3.2022
Cryptocurrencies and NFTs are viewed differently than other investments by the IRS, making for a complex tax landscape
South Korean Prime Minister nominee to look into controversial crypto tax law
26.4.2021
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county
India Plans Twin Taxes on Exchanges and Traders Before Passing Crypto Bill: Report
17.2.2021
A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality
Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
24.11.2020
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all
Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’
14.7.2020
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class
IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog
14.7.2020
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
14.7.2020
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations
South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency
17.6.2020
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country
New Hampshire Lawmakers Vote Down Crypto Tax Bill
16.1.2020
New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments
‘TurboTax’ for Crypto: Accounting Firm Lukka Debuts Tax Tool for Retail Investors
18.12.2019
Lukka, one of the first accounting firms for digital assets, is offering tax preparation services to retail crypto investors starting on Jan. 15