With the 2019 tax season upon us, the IRS is leaving nothing off the table. Cryptocurrency holders are looking for ways to avoid reporting failures …
IRS Invites Cryptocurrency Advocates to March Summit Read More »
The IRS has invited a number of undisclosed crypto startups to a summit on March 3 to discuss its existing approach to taxing cryptocurrencies, as …
The IRS Is Inviting Crypto Firms to a ‘Summit’ in DC Next Month – CoinDesk Read More »
Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting …
Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which …
Russia Leads Multinational Stablecoin Initiative Read More »
As so-called “doomsday prepping” grows in popularity thanks to news of coronavirus lockdown in Chinese cities, red flag gun laws and rampant Fed stimulus in …
The deadline for filing 2019 taxes in the United States is quickly approaching. Even for those declaring traditional income, the process can be lengthy to …
Blockfolio and TokenTax Join Forces to Make Taxes Easier Read More »
The Internal Revenue Service (IRS) removed wording on its website that put game currencies as examples of a convertible virtual currency. This clarification is important …
IRS Does Not Consider Fortnite Money as Virtual Currency After All Read More »
The Internal Revenue Service (IRS) should – but won’t – clarify how taxes are levied on cryptocurrencies and cryptocurrency transactions in the U.S., the government’s …
Filing taxes related to cryptocurrencies in the US can be a very painstaking endeavor. It now appears that the IRS crypto tax audit letter being …
Each year, US taxpayers with taxable crypto events are required to report their gains or losses to the IRS. If you’re a US taxpayer who …
