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 ...
Tag: IRS
Crypto Tax: De Minimis Exception Could Complicate Things for IRS
A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS ...
IRS Voices Concerns Over Crypto Kiosks and ATMs
The IRS has announced that it is investigating crypto kiosks and ATMs with concerns regarding tax evasions, as well as ...
IRS Refunds Tax-Paying Crypto Users
The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of ...
IRS Playing Fair With Transparent Crypto Tax Filings
Contrary to its portrayed draconian stance on crypto taxes, the US Internal Revenue Service is playing fair. Exercising transparency in ...
Gemini Exchange Adds Automated Customer Tax Reporting
US-based crypto exchange Gemini wants to help its users comply with the tax requirements in a convenient manner. The company ...
3 Ways to Stay Crypto Compliant with the IRS
If you’re earning or trading in cryptocurrencies and not declaring to the IRS, it probably won’t end well. But if ...
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 ...
