IRS Targets Crypto Trading and Gig Economy for 2020 Tax Season
The U.S. Internal Revenue Service (IRS) is directly focusing on crypto trading for the 2020 Tax Day with a checkbox ...
Tag: taxes
Brazil IRS Creates Penalty Code For Dishonest Crypto Taxpayers
The IRS in Brazil has turned the spotlight on crypto deals and transfers, creating a special penalty code to fine ...
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. ...
Burnt At The Stake: Why PoS Cryptocurrency May Leave You Feeling Taxed
The attraction of Proof-of-Stake (PoS) cryptocurrency of earning annual rewards may be a fallacy and a tax burden, concludes BitGo's ...
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 ...
McAfee Hunted by the IRS But Will Still Run For President ‘In Exile’
Controversial cryptocurrency proponent John McAfee revealed that the IRS has convened a grand jury to charge him, his wife, and ...
Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in Taxes
One college student turned his $5K investment into $880k but now says trading "ruined" his life as he's facing $400k ...
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 ...
