What to Expect When the IRS Alters Its Bitcoin Tax Policy
The Takeaway Coming guidance from the IRS will address longstanding questions about the tax treatment…More
Tagged: IRS
IRS to issue guidance on cryptocurrencies ‘soon’
The Internal Revenue Service (IRS) has made it a priority to issue more comprehensive tax…More
IRS Silence on Cryptocurrencies Is Deafening
Lack of clarity reveals vulnerability, invites mass noncompliance Filing their taxes with the Internal Revenue…More
Congress Slams IRS Over Bitcoin Tax Law; Here’s the Major Loophole for Crypto Investors
The United States tax deadline has came and went, and thanks to overwhelmingly confusing tax…More
Crypto Crash Offers Investors Tax Write-off Opportunity
Crypto assets are not subject to “wash sale” regulations which prevent investors from purchasing securities…More
IRS Advised to Provide Better Guidance on Cryptocurrency Transactions
The Information Reporting Program Advisory Committee is a body which was established before the Internet…More
Busted: Indian Call Center Ring Duped Foreigners into Paying ‘Loan Tax’ in Bitcoin
A bitcoin fraud scheme has been unearthed in the Mumbai surburb of Mira Road. The…More
3 Ways the IRS Is Taxing Cryptocurrencies
The onus of accurate recordkeeping is on virtual currency investors. Big changes are afoot in…More
How to report cryptocurrencies on your taxes
If you made a Bitcoin purchase in 2017 you could have made a lot of…More
To File or Not to File: Will You Tell the IRS About Your Bitcoin Earnings?
The Internal Revenue Service (IRS) has provided guidance on reporting income taxes on Bitcoin trading…More