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Nalezeno "Crypto Taxes": 189

US Crypto Taxes Will Be Harder to File Correctly — Here’s Why


Bill Hughes, in charge of regulatory matters at Consensys, explained that starting this year crypto holders will be required to report their transactions on a wallet-by-wallet basis, making it more complex for users who have multiple wallets. Crypto Taxes Get Harder to File as IRS Enforces...

The Coming Crypto Tax Bomb


There’s a growing mismatch between how taxpayers think crypto taxes work and how the IRS now expects them to be handled, says Justin Zanardi, general manager at Countonsheep.com

US lawmakers call for change in corporate digital asset taxes


Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12 letter, Senators Cynthia Lummis and Bernie Moreno suggested Bessent had...

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