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 | 3 weeks ago
IRS crypto and bitcoin tax
News

IRS: Coins From Crypto Hard Forks Create Taxable Income

The Internal Revenue Service released its newest FAQ and guidelines on taxing US nationals for crypto transactions. The updated guidelines may come as a surprise to those that once...

Christine Vasileva | 2 months 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 | 5 months ago
Australia bitcoin taxes
Bitcoin Taxes

Australia Tax Office Tries To Track Down Cryptocurrency-Tax Evaders

Thus far, Australian cryptocurrency traders have been able to avoid the gaze of the tax man without too much effort. But this week, the Australian Taxation Office (ATO) launched a...

Emilio Janus | 7 months ago
bitcoin taxes when are taxes due
Bitcoin Taxes

Bitcoin: When Are Taxes Due?

If you’re still asking “when are taxes due?” this morning, today may be a tough one for you. Sorry Bitcoin HODLers and traders, your tax returns deadline is today, April 15...

Christina Comben | 8 months ago
Bitcoin Taxes

Bitcoin for Starbucks Coffee Poses Significant Tax Filing Issues

Using Bitcoin to pay for coffee at Starbucks might come with some difficult implications as far tax filings are concerned.  Increased Bitcoin Tax Filing Palaver As reported by...

Osato Avan-Nomayo | 9 months ago
new hampshire
Bitcoin Acceptance

New Hampshire Closer to Accept Bitcoin for Taxes as Subcommittee...

The state of New Hampshire has moved one step closer to accepting Bitcoin for tax payments. The state’s House Subcommittee has unanimously approved Bill 470-FN filed January 5th...

Georgi Georgiev | 10 months ago
patrick byrne departs but Overstock long on crypto
News

Overstock Becomes First Major US Company to Pay Taxes in Bitcoin

Internet retailer Overstock has announced that it intends to become the very first major US-based company to pay a part of its state business tax in Ohio using Bitcoin.  Taxes With...

Georgi Georgiev | 11 months ago
Bitcoin cryptocurrency tax uk
Bitcoin Taxes

UK Gov’t Unveils Cryptocurrency Tax Guidelines For Individuals

Her Majesty’s Revenue and Customs (HMRC) yesterday released a policy paper, detailing cryptocurrency tax guidelines for individuals. The good news is that no new punitive tax...

Emilio Janus | 12 months ago
Bitcoin tax IRS
Bitcoin Taxes

Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax...

With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one accounting envisages a barrage of loss claims in...

Osato Avan-Nomayo | 1 year ago
Bitcoin ohio
Bitcoin Acceptance

Ohio ‘Plants a Flag’ For Bitcoin Adoption, Accepting BTC...

In what could be a further critical sign of cryptocurrency adoption in the U.S, businesses in Ohio will shortly be able to pay their taxes online using Bitcoin. The progression will be...

Melanie Kramer | 1 year ago
Florida
Bitcoin Taxes

Florida County Becomes First US Locality to Accept Bitcoin for Taxes

Seminole County, Florida, has officially become the very first county in the US to accept Bitcoin to pay their taxes. Resolving an Expensive Issue In an official announcement dated May...

Georgi Georgiev | 2 years ago

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