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...
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...
John McAfee: Governments Fear Cryptocurrencies Because They Can’t Tax Them
Famous cryptocurrency proponent and antivirus software developer John Mcaffee stated in a recent article that governments fear cryptocurrencies because they can’t tax them...
Mystery Ethereum Millionaire Has Regulators Fuming Over Cryptocurrency Anonymity
A man who can only be identified by his anonymous digital wallet address has renewed concerns that many regulators have over a new breed of cryptocurrency millionaires. How do they...
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...