Cryptocurrency
Cryptocurrency
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An international coalition of tax authorities has released a list of possible risk indicators for cryptocurrency-related crimes, many of which have to do with privacy and anonymity.
May 31 -
Debate over the Tax Cuts and Jobs Act; assessing last season; Etsy and sales tax; and other highlights from our favorite tax bloggers.
May 28 -
Insights into the IRS's progress on the Form 1099-DA and forthcoming regs on crypto asset reporting.
May 17 -
The House passed a bill that would repeal the SEC's SAB 121, which requires custodians to list digital currency as a liability on their balance sheets. However the president said he'd veto the bill.
May 9 -
Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.
May 3 -
Roger Ver, an early crypto investor who was sometimes referred to as Bitcoin Jesus, has been charged with mail fraud, tax evasion and filing false returns.
May 1 -
The Internal Revenue Service previewed a draft form for crypto brokers for reporting on the proceeds of digital asset transactions to their customers.
April 19 -
The revenue service accused Binance of nonpayment of VAT and company income tax, failure to file returns, and complicity in aiding customers to evade taxes.
March 26 -
Experts believe this guidance will spur more institutions to embrace digital assets, as the rules for proper accounting are more clear-cut.
March 6 -
The tax authority is drafting final regulations that would require crypto brokers, including exchanges, to report detailed information on their clients' transactions.
February 28 -
Data shows that people lost at least $1.56 billion in 2023 from cryptocurrency-related fraud schemes.
February 27 -
The existing guidance directs public companies, including banks, to count crypto they custody as liabilities on their corporate balance sheets.
February 15 -
New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.
February 15 -
Quarterly results at MicroStrategy Inc. will likely get more volatile under a recently approved accounting rule change that requires valuing the digital asset at market prices.
February 6 -
From digitalization and consultancy to Bitcoin and cryptocurrency, 2024 is set to be a year of growth and possibility.
February 1 -
1099s every quarter; latest tax lawmaking; a crypto outlook for 2024; and other highlights from our favorite tax bloggers.
January 23 -
The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season and added it for the first time to tax forms for estates, trusts, partnerships and C and S corporations.
January 22 -
The Internal Revenue Service and the Treasury Department told businesses they won't have to report on the digital assets they receive until regulations are issued.
January 16 -
The Securities and Exchange Commission's approval came despite skepticism of the asset and its value, following an appeals court decision.
January 11 -
New year, new priorities; advisory service roadblocks; GM sues Frisco; and other highlights from our favorite tax bloggers.
January 9














