taxes

Their current stance is a half-baked attempt that could stifle innovation and burden an emerging industry

Accountants and exchanges have started to parse through the new IRS tax proposals and decipher what they could mean for investors and the future of the industry

Accountants say anyone trading on the popular app should expect to report their activities and profits to the IRS

Non-regulated exchanges operating in Ukraine are said to have amassed $445 million in trading fees over 10 years, leading to losses in tax revenue for the state

A group of Democratic senators have asked the Treasury and IRS to speed up their rulemaking process for crypto tax policy

Crypto rewards must be included in income once the taxpayer gains control over them, the IRS ruled

The crypto accounting firm is looking to expand beyond its core business lines

The bill will reduce taxes on the sale of cryptocurrencies held for at least 12 months from as much as 25% down to 7%

A Coinbase user had attempted to argue the IRS violated his constitutional rights when it sought his trading data

Lummis originally made critical comments of the Biden Administration’s tax on bitcoin miners at Bitcoin Miami, but retweeted an article summing up her views on Thursday

Businesses should take a look at their product offerings and think proactively about what regulators might start enforcing soon 

The company will relocate a significant portion of its mining machines to Iceland and Canada, with the majority remaining in the US

The American Institute for Economic Research is dragging the White House for its purported “ignorance about energy usage, bitcoin, and economic policy”

DAC8 proposes that crypto asset service providers report client transactions to counter tax-related criminal activities such as tax evasion

Joe Biden says crypto tax loopholes cost the government $18 billion, but where does that number come from?

The Kraken-IRS battle represents “the first real judicial look” at changes to John Doe summons guidance, according to one tax attorney

Participants would only need to pay for capital gains or income tax when digital assets are sold or exchanged for other crypto or for fiat currency

Last September, Governor Jared Polis announced that Colorado residents could pay state taxes with crypto

The deadline to file your tax return or an extension for 2022 is April 18, and filers looking for extra time should make a payment with their extension

The US and UK have pushed similar measures in recent years to combat crypto tax noncompliance

Exchanges are not yet required to report users’ crypto capital gains and losses to the IRS, leaving that responsibility in the hands of taxpayers

Improved accounting practices and DAO friendly legislations are just some of the proposed changes

The Treasury and IRS are soliciting comments on new plans to treat most NFTs as collectibles

Investors and businesses may be transacting across various centralized and decentralized exchanges, neither of which currently have any 1099 form requirements