Crypto Group Asks IRS to Make Small Payments Tax-Free
Bitcoin Taxes

Crypto Group Asks IRS to Make Small Payments Tax-Free

The Wall Street Blockchain Alliance is the latest to ask the U.S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific...

Osato Avan-Nomayo | 6 months ago
Beware of the IRS, H&S Warns its Crypto Customers
Bitcoin Taxes

Beware of the IRS, H&R Block Warns its Crypto Customers

U.S. tax preparation company H&R Block is advising its customers not to consider evading the Internal Revenue Service (IRS) by not reporting their cryptocurrency transactions ...

Osato Avan-Nomayo | 7 months ago
Beware of the IRS, H&S Warns its Crypto Customers
Bitcoin Taxes

IRS to Limit Probe into Coinbase User, US Court Advises

The U.S. Internal Revenue Service (IRS) could be made to restrict its crypto tax probe of Coinbase user William Zietzke to cover only 2016. IRS Should Restrict Zietzke Crypto Tax Probe...

Osato Avan-Nomayo | 7 months ago
IRS crypto and bitcoin tax
Bitcoin Taxes

IRS Targets Crypto Trading and Gig Economy for 2020 Tax Season

The U.S. Internal Revenue Service (IRS) is directly focusing on crypto trading for the 2020 Tax Day with a checkbox on the tax form enquiring after people’s involvement in virtual...

Osato Avan-Nomayo | 7 months ago
Brazil IRS creates special code for dishonest crypto taxpayers
Bitcoin

Brazil IRS Creates Penalty Code For Dishonest Crypto Taxpayers

The IRS in Brazil has turned the spotlight on crypto deals and transfers, creating a special penalty code to fine for misreporting. Brazil Requires Monthly Filings for Crypto Activity...

Christine Vasileva | 8 months ago
UK Tax Office Change Bitcoin and Crypto Tax laws
Bitcoin Taxes

UK Tax Office Updates Guidance on Bitcoin and Crypto

Nearly a year after publishing updated bitcoin and crypto tax requirements for individuals, the UK tax body has released similar guidelines for businesses. The tax authority also...

Osato Avan-Nomayo | 9 months ago
Beware of the IRS, H&S Warns its Crypto Customers
Bitcoin Taxes

U.S. Tax Collector Is After Thousands of Bitcoin Holders

U.S. tax authority, the Internal Revenue Service (IRS) has already begun sending letters to thousands of bitcoin and crypto holders who have failed to report cryptocurrency...

Julio Gil-Pulgar | 1 year ago
singapore exempting bitcoin from tax
Bitcoin Taxes

Singapore to Exempt Bitcoin from Goods and Services Tax

The U.S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the...

Julio Gil-Pulgar | 1 year ago
IRS bitcoin tax rules
Bitcoin Taxes

New Bitcoin Tax Rules To Boost Crypto Market Growth

According to the Wall Street Journal, The Internal Revenue Service (IRS) is expected to update its guidance on Bitcoin tax treatment within weeks. In the meantime, members of the U.S...

Julio Gil-Pulgar | 1 year ago
Beware of the IRS, H&S Warns its Crypto Customers
Bitcoin Taxes

Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising

With Bitcoin spiking more than 120 percent since the start of 2019, the U.S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency...

Osato Avan-Nomayo | 1 year ago
IRS crypto and bitcoin tax
Bitcoin Taxes

Bitcoin Taxes: 61% of Holders Won’t Report Losses to IRS

The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, bitcoin taxes can be complicated, but research suggests that 61% of...

Emilio Janus | 2 years ago
cryptocurrency taxes bitcoin tax
Interviews

Expect ‘Large increase’ in Cryptocurrency Taxes Filed for 2018, Says Bittax CEO

Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about cryptocurrency tax obligations for users and how the...

Allen Scott | 2 years ago

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