News

Indiana, New Hampshire May Be Next to Accept Bitcoin for Taxes

A house bill for amending the currently existing taxation Code of Indiana has been filed January 24 seeking acceptance of cryptocurrencies for paying taxes. Another bill requiring the...

Georgi Georgiev | Jan 26, 2019 | 17:00
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 | Jan 23, 2019 | 18:00
Bitcoin taxes cryptocurrency
Bitcoin Taxes

Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in...

One college student turned his $5K investment into $880k but now says trading “ruined” his life as he’s facing $400k in cryptocurrency taxes.  From Big Profits to a...

Kevin O’Brien | Nov 04, 2018 | 05:00
Hungary
News

Hungary Does Not Consider Cryptocurrency Legal Tender Yet

Hungary is reportedly working on a regulatory framework for cryptocurrencies but doesn’t consider them a legal tender yet. The country’s current legislation imposes steep...

Georgi Georgiev | Aug 14, 2018 | 19:00
IRS
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 | Jun 28, 2018 | 20:00
News

Thailand Temporarily Bans ICOs, Waives Cryptocurrency Tax

Following new cryptocurrencies regulations that came into force Monday, Thailand is grappling with how to regulate and tax the burgeoning market as the public weighs in. Regulations on...

Dieter Holger | May 19, 2018 | 14:00
tom lee Bitcoin price
Bitcoin Taxes

$25 Billion Owed in Crypto Taxes Causing ‘Massive’ Selling, Wall...

‘Massive’ selling of cryptocurrencies into fiat by mid-April to be expected, as U.S. crypto holders ‘likely’ owe $25 billion in capital gain taxes according to Tom Lee, head of...

Georgi Georgiev | Apr 06, 2018 | 15:00
US Blockchain Tech Company Unveils Next Generation Digital Currency Tax Software
News

‘They’ll Never Catch Me’ 52% of People Say About Paying Crypto...

A recent poll on Twitter held amongst more than 7,500 people showed the abrogating reaction of the majority when asked about the way they handled their taxes associated with crypto...

Georgi Georgiev | Apr 02, 2018 | 13:00
Texas State Securities Board Investigates Crypto Investment Fraud
News

Texas Mayoral Candidate Choosing Cryptocurrency Over Taxes

A mayoral candidate in the Texas city of Lewisville is campaigning to raise funds for the city’s police force with cryptocurrency. Cryptocurrency over Taxes Four-time mayoral...

Adam James | Mar 29, 2018 | 10:00
Libra Just Made It Easier For Exchanges To Remain Tax Compliant
Bitcoin

8 Reasons Why Taxing Cryptocurrency Trades is Just Not Fair

Taxation of cryptocurrency trades is the subject of much contention and as tax return statistics roll in it’s clear that many traders and investors didn’t declare some, or all, or...

Melanie Kramer | Mar 26, 2018 | 22:00
Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework
News

The IRS Says Crypto is Currency, Warns Against Tax Evasion

The Internal Revenue Service (IRS)  — the United States’ tax collection agency who administers the Internal Revenue Code enacted by Congress — once again provided taxpayers...

Adam James | Mar 24, 2018 | 10:00
News

Coinbase Gives IRS More Than 10K Users’ Information

After fighting the IRS in court, popular digital currency marketplace Coinbase has been ordered by the Northern District of California to turn over more than 10,000 users’...

Adam James | Feb 24, 2018 | 09:30

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