Cryptocurrency Tax Update: Impact of New IRS Guidance and Proposed U.S. Tax Rate Increase
New Internal Revenue Service guidance on hard forks and a proposed tax rate increase on…More
Tagged: Taxes
Bitcoin & Crypto Taxes In US: When to Sell and When to Hold
With 2021 in sight, bitcoin (BTC) and other crypto investors in the US are facing…More
PwC’s global crypto tax report reveals the need for further regulatory guidance
The majority of global jurisdictions have crypto asset taxation guidelines, yet additional frameworks are required…More
Cryptocurrency Question On Schedule 1: ‘Exchange’ Category
In this post, we will take a deep dive into what’s covered under the “exchange”…More
Is Cryptocurrency Inheritable? Yes, Here is How it Works
Money is a funny asset. As much as people yearn it throughout their lives, it…More
Venezuela to Pay Taxes and Financial Services Through Petro Cryptocurrency
Amidst the crumbling economy and ever-growing inflation, the Maduro government in Venezuela has been trying…More
IRS goes after cryptocurrency owners for unpaid taxes
The IRS is sending out 10,000 form letters to Americans who had cryptocurrency trades and…More
The Taxman Is Contacting People About Their Cryptocurrency Transactions
If you receive a letter from the IRS about your crypto trades, contact a tax…More
Singapore government proposes to exempt value-added tax on cryptocurrencies
The government of Singapore is planning to end goods and services tax (GST) (or value-added…More
Seven Countries Where Cryptocurrency Investments Are Not Taxed
With tax season having finished, many people know that most tax agencies expect tax of…More