Cryptocurrency
Cryptocurrency
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Justice made a startling claim in a legal filing that cryptocurrencies are not in all instances property for U.S. tax purposes.
September 1 -
A misstep could result in not getting compensated correctly, or creating potential trouble with the IRS.
August 30 -
The lack of tax information from major platforms isn’t a technological limitation. It’s a design decision.
August 26 -
Comparing your fees; auditing climate goals; new marketing blog; and other highlights from our favorite tax bloggers.
August 24 -
Crayons and improving workflow; Deloitte goes to law school; certified importance; and other highlights from our favorite tax bloggers.
August 17 -
Guidance is expected next week to clarify that reporting requirements won't impact many key players.
August 13 -
TaxBit vaulted to unicorn status amid the boom in cryptocurrency and as new regs take hold requiring brokers to report transactions to the IRS.
August 12 -
But observers say the industry did relatively well for one of its first efforts at impacting legislation.
August 10 -
Broad oversight for virtual currencies remains a part of the infrastructure bill currently in the Senate.
August 9 -
The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear.
August 6 -
Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.
August 6 -
A bipartisan group released an alternative cryptocurrency revenue-raising plan.
August 5 -
Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being overly broad and impractical.
August 4 -
A Senate plan to spend $550 billion on U.S. infrastructure stands to benefit industries heavily dependent on transportation.
August 3 -
Sure, you might have to actually pay U.S. taxes on those crypto trades. But at least it will be easier to figure out how much you owe.
August 2 -
The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades.
August 2 -
A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue.
July 30 -
Two companies are teaming up to allow clients to buy mining machines through an IRA.
July 29 -
The Senate’s bipartisan deal would impose stricter rules on cryptocurrency investors to fund a portion of the $550 billion investment.
July 29 -
Tesla, MicroStrategy and Square will have to reckon with their digital holdings in earnings reports.
July 26