Bitcoin price holds strong
Bitcoin

Bitcoin Weekly Price Stays in the Green Despite Tough Week

Bitcoin price has somehow managed to remain in the green over the past 7 days despite a string of unfavourable events. Regulators remain hawkish, tax authorities are tightening their...

Christine Vasileva | 3 days ago
Bitcoin news
Bitcoin

Weekly Digest: Bitcoin Price Inaction, India Ban, and Sanction...

The United Kingdom gained a new Prime Minister this week, voted for by Conservative party members. But will Boris be bad for Bitcoin? Or perhaps cause prices to rise? Maybe Boris...

Emilio Janus | 3 months ago
new 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 | 3 months ago
IRS bitcoin cryptocurrency tax
Bitcoin Taxes

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

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 | 5 months 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 | 9 months ago
John McAfee
News

McAfee Hunted by the IRS But Will Still Run For President ‘In...

Controversial cryptocurrency proponent John McAfee revealed that the IRS has convened a grand jury to charge him, his wife, and four of his campaign workers, with...

Georgi Georgiev | 9 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 | 10 months ago
IRS crypto and bitcoin tax
Bitcoin Taxes

IRS Launches International Effort to Investigate Cryptocurrency Tax...

The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from four other nations to form a coalition...

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

IRS Ramping Up Investigations Into Unreported Cryptocurrency Gains

The Internal Revenue Service (IRS) is stepping up its investigations into cryptocurrency-related tax fraud and unreported taxable gains. Clearer laws and guidelines are expected in the...

Kyle Baird | 1 year ago
Bitcoin

CFTC Chairman: Bitcoin Suited for ‘Long-Term Buy and Hold...

CFTC Chairman Christophe Giancarlo went on record, saying that Bitcoin, alongside a lot of other cryptocurrencies share elements of different asset classes, regardless of whether...

Georgi Georgiev | 1 year ago
IRS taxes tax
Interviews

Tax Attorney: Blockchain Immutability ‘Does Make The IRS...

Bitcoinist spoke with Alexander Stern, legal attorney and founder of Attorney IO, to unpack the complexities related to Bitcoin and cryptocurrencies taxes, potential loopholes for...

Allen Scott | 1 year ago
Bitcoin Taxes

Crypto Investors Could Inadvertently Commit ‘Potential Felony,’...

As tax day rapidly approaches, there’s no lack of uncertainty amongst tax professionals regarding cryptocurrency investors purchasing digital assets through foreign exchanges...

Georgi Georgiev | 2 years ago

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