IRS crypto tax variable
Bitcoin Taxes

2019 IRS Crypto Tax Guidance is Subject to Change, GAO Warns

The IRS’ guidelines on crypto tax reporting remain unclear, and may not be binding, per the analysis of the Government Accountability Office (GAO). Crypto Tax Reporting...

Christine Vasileva | 11 months ago
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 | 12 months ago
south korea crypto tax
Bitcoin Regulation

Korean Government to Tax Crypto Capital Gains from 2020

The Korean government is preparing legal tools to tax capital gains from the sale of crypto assets. Specialized legislation to target digital asset deals is expected to arrive from the...

Christine Vasileva | 1 year ago
United States Congress on Bitcoin
Bitcoin Taxes

3 Ways US Congress May Approach Bitcoin Taxation

With the U.S. Internal Revenue Service looking to enforce more stringent Bitcoin tax compliance, several stakeholders say Congress should step in to clarify the way virtual currencies...

Osato Avan-Nomayo | 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 | 2 years ago

Why Crypto Regulation Should Not Mean Prohibition

Blockchains and cryptocurrencies are here to stay, and banks and governments are concerned. With the momentum that the budding markets have built in recent months, digital assets like...

Martin Young | 3 years ago

Coinbase ‘Unprecedented Victory’ Sees 14k Transactions Head To IRS

An “unprecedented victory for the industry” is how Coinbase describes the likely culmination of its year-long legal battle with US tax authorities this week. $20k Or Nothing, Court...

Wilma Woo | 3 years ago
Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework

Judge Slams IRS, Allows User to Challenge Case on Coinbase

In a contentious ongoing case between the IRS and Coinbase, a user of the exchange was granted the right to contest the governmental agency’s sweeping call for private...

Darryn Pollock | 3 years ago
Binance's Founder Squares Off Against Sequoia Capital in Legal Dispute

Coinbase Versus IRS: IRS Concedes The First Round

In what is being heralded as one of the biggest ever victories for the cryptocurrency community, the Internal Revenue Service has decided to considerably limit the scope of its...

Karan Kapoor | 4 years ago
Coinbase Versus IRS: Court Hints At 'Narrowing' Of Investigation Scope

Coinbase Versus IRS: Court Hints At ‘Narrowing’ Of Investigation Scope

Coinbase may have “won” part of its battle to keep its transaction records away from the US Internal Revenue Service (IRS). ‘Narrowing’ The ‘Overly...

Wilma Woo | 4 years ago
Bitcoin Taxes

Bitcoin Taxes 2016: Accurately Reporting Bitcoin Usage

Editor’s note: The original introduction to this article has been replaced with one written by tax accountant Daniel Winters, which corrects some factual inaccuracies in the...

Drew Cordell | 5 years ago

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