Search
IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions
14.11.2019
U.S. taxpayers have never been authorized to postpone paying tax using the like-kind exchange principle, an IRS official says
Her Majesty the Queen Rules Out Crypto as Currency
9.11.2019
HMRC is publishing a new policy paper for individual and business crypto taxes
BitMEX Email Data Leak Fallout Is Serious, Many Users Already Affected
6.11.2019
BitMEX’s recent email leak could have more far-reaching consequences than previously imagined
New IRS Tax Guidance Targets Crypto, and US Persons Who Use It
31.10.2019
The US IRS is tying up crypto users, making new steps toward crypto taxation that could potentially affect a lot of people
New IRS Guidance: How to Report Crypto Assets Accurately
31.10.2019
Here is everything you need to know about the IRS new guidance
Where US Regulators Stand on Crypto Assets
16.10.2019
The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read:...
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
Crypto IRS Audits: Hire Professionals or Do it Yourself?
14.10.2019
The IRS continues to hunt for crypto user identities. If the IRS audits you, sends you notices, etc., should you handle it yourself or get professional help?
IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...
US IRS Makes Change to Standard Questions in Regards to Cryptocurrencies
11.10.2019
The U.S. IRS adds question to 1040 income tax form to find out if taxpayers have been dealing with cryptocurrencies
The IRS Will Now Ask If You Own Crypto in the Most Widely Used US Tax Form
11.10.2019
The IRS has updated the main form filled out by individual U.S. taxpayers every year to include a question about cryptocurrencies
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...
The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years
9.10.2019
For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know
IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft
30.9.2019
The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing...
Only Reporting Part of Your Crypto Addresses? The IRS Needs to Know
26.9.2019
The US Internal Revenue Service (IRS) might be tracking your crypto addresses
H&R Block Offers Solutions for Taxpayers With Crypto Transactions
25.9.2019
U.S.-based accounting firm H&R Block rolls out a new service for crypto currency transactions
Are Tax Moves to Puerto Rico Worth It for Crypto Holders?
20.9.2019
Some in the crypto community have embraced moving to Puerto Rico for tax reasons. Our tax expert explains whether or not it is worth it
CipherTrace Scout App Takes Crypto Investigations Mobile
20.9.2019
Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a likely criminal past
10 Tax Tools to Help Crypto Owners
18.9.2019
While tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where you are. Many of them work globally, supporting tax forms of multiple countries, and can import data...
Indian Parliament Member Helping Crypto Community Influence Regulation
17.9.2019
The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to...