Search
Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims
20.4.2020
Got crypto losses? The IRS has updated some guidelines and procedures in response to the COVID-19 pandemic
‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto
14.4.2020
The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former...
The Tax Man Cometh — Who Will Pay for the COVID-19 Stimulus?
11.4.2020
An individual in the U.S. may have to pay a capital gains tax when purchasing a single cup of coffee with Bitcoin
Non-Stimulus Tax Rules You’ll Need This Year
10.4.2020
The IRS has already started crucial initiatives to fight against the COVID-19 crisis, but will they benefit taxpayers?
During Coronavirus Pandemic, IRS Cuts Taxpayers Some Much Needed Slack
31.3.2020
The IRS has already changed some important payment deadlines and started crucial initiatives to help taxpayers. Will it help to win the fight against COVID-19?
Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds
31.3.2020
Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey
Fake Trading Volumes and the Price of Bitcoin: Are They Connected?
30.3.2020
There is a strong connection between Bitcoin’s price, Bitcoin’s popularity in Google searches and fake trading volumes
Trump Signs Largest Relief Bill in US History: When Will Americans Get Stimulus Checks
28.3.2020
U.S. President Donald Trump has signed into law what he calls the largest single economic relief bill in history. “At $2.2 trillion dollars, this bill will deliver urgently-needed relief for our nation’s families, workers, and businesses,” Trump said. Americans are expected...
Bitcoin for Business: The Tax Guide
25.3.2020
Check out the full tax guide for crypto payment to businesses
Crypto.com Simplifies Crypto Tax Reporting for Its Users
24.3.2020
Crypto.com has partnered with CoinTracker, TokenTax and CryptoTrader.Tax to automate crypto tax reporting
IRS Delays Tax Day to July 15, Still Monitors Crypto
20.3.2020
The IRS has changed the tax payment deadline. What does this mean and what else has been changed?
Good News For Crypto Traders in the U.S. as IRS Extends Tax Deadline
20.3.2020
The tax deadline in the USA has been extended due to the Covid-19 outbreak, and this concerns crypto as well.
The U.S. Treasury Department and Internal Revenue Service (IRS) have issued guidance extending the tax deadline 2020 for all individual and other non-corporate tax filers with up to USD...
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...
Crypto Investors Should Care About the IRS Delaying Tax Payments
19.3.2020
Crypto traders may enjoy some respite from the market crash as tax payments have been deferred in the U.S
US Takes Regulatory Steps for Blockchain Technology Adoption
17.3.2020
To remain its leading position in the financial sector, the U.S. is moving towards blockchain adoption
US Charges Dutch National With Running Crypto-Funded Child Porn Site
12.3.2020
U.S. officials allege a Dutch national referred to as “Michael R.M.” made $1.6 billion in bitcoin by operating a rape and child pornography website for the last eight years
CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes
10.3.2020
CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS.
The post CoinTracking.info Helps Crypto Traders Avoid Costly...
IRS Crypto Summit Was About the Exchange of Ideas, Not Tax Guidance
6.3.2020
No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry
Crypto Taxes a ‘Nightmare' — Congress Hears the Latest on Blockchain for Small Business
4.3.2020
One of the witnesses at a recent government blockchain hearing said dealing with the current crypto tax scene is a mess
Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
3.3.2020
Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development