What Happens if You Don’t Report Cryptocurrency Capital Gains on Your Federal Tax Return?
The IRS and federal government aren’t playing around anymore. In 2017, cryptocurrency investors could seemingly…More
Tagged: Taxes
Cryptocurrencies Could Be 20% of Capital Gains Tax Payments This Year
Tax liabilities for cryptocurrencies in the U.S. are estimated to total $25 billion, according to…More
Thailand Becomes the Latest Country to Tax Cryptocurrencies
It is evident the cryptocurrency industry has sparked many debates regarding the future of money.…More
4 things to know about your cryptocurrency at tax time
Although cryptocurrencies are nothing new, 2017 saw more mainstream investors buying in — and cashing…More
Why cryptocurrency could be your worst tax nightmare
Bitcoin gains and losses are taxed like property, but a lack of information could make…More
Bitcoin’s Return To $9,000 Halted; Few Americans Reporting Cryptocurrencies On Tax Forms
Bitcoin halted its move back toward $9,000 Tuesday morning, consolidating recent gains. The leading cryptocurrency…More
Millions of Cryptocurrency Owners Could Be Making a Big Mistake
Virtually no Americans are paying taxes on their cryptocurrency profits — at least not yet.…More
What You Need to Know About Cryptocurrencies and Taxes
If you owned any Bitcoin (or any other popular cryptocurrency) in 2017 you probably made…More