Search
Targeted by IRS? What Cryptocurrency Owners Should Know
9.9.2020
The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news.Bitcoin.com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit. How...
IRS doubles down, investing another quarter million dollars into tracking crypto transactions
9.9.2020
A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right
European crypto tax firms merge in bid to expand to North American markets
8.9.2020
Another crypto merger targets tax reporting
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
4.9.2020
Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims to “promote and simplify the use of cryptocurrencies...
Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year
3.9.2020
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether from February next year
‘Crypto Valley’ residents can now pay taxes in Bitcoin
3.9.2020
Authorities in the canton of Zug now embrace cryptocurrency for tax settlement
Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case
3.9.2020
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May...
The IRS wants to tax every penny of your crypto, US government memorandum says
1.9.2020
That will be confusing for some, and unsurprising for others
South Africa Might Impose Tighter Crypto Taxes Rules - Auditor
31.8.2020
The South African Revenue Service (SARS) could bring in stricter taxes for the country’s cryptoasset holders in the near future, potentially hampering the development of an industry that has emerged as Africa’s biggest, analysts claim.
Wiehann Olivier, a partner in the auditing division...
IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
26.8.2020
The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....
IRS, Ignoring Its Own Watchdog, Sends Letters About Crypto Taxes Once Again
26.8.2020
Less than a year has passed since the IRS first sent taxpayers cryptocurrency "soft letters."
Hacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting Service
24.8.2020
A hacker made off with user data and financial information on more than 1,000 account holders with CryptoTrader.Tax, a crypto tax filing website
Qatar’s National Solarized Fintech Strategy Amid COVID-19 Pandemic
23.8.2020
The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact
IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form
22.8.2020
The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
21.8.2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency
The Challenge of Taxing Proof-of-Stake
21.8.2020
Cointelegraph examines the basis of Congress calling out the IRS for threatening to tax proof-of-stake rewards beyond their actual value
How BRRRing Money Printers Today Might Lead to Higher Taxes Tomorrow
16.8.2020
Steven Pressman is the Professor of Economics at Colorado State University.
French philosopher Voltaire famously quipped: “If God did not exist, it would be necessary to invent him.” Something similar can be said of modern monetary theory, also known as MMT, because it may be the economy’s only...
Lukka Co-CEO Explains How Blockchain Data Saves on Taxes
16.8.2020
Why is blockchain reference data important? How can it help save on taxes? Lukka co-CEO Robert Materazzi explains
Novogratz Says Biden and Harris Good for Country, Bad for Markets
15.8.2020
The upcoming election is a big deal for financial markets
Taxes in Petro, Goldman Sachs Sells MoneyGram Shares + More News
13.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
The mayors of hundreds of Venezuelan cities and regions have voted to allow citizens to pay taxes and fines in...