Coinbase Informs 13K Affected Customers Of Imminent Data Handover To IRS
Coinbase tells approx. 13K customers it will soon turn over some of their personal account data to the IRS #NEWS Go to Source Powered by WPeMatico
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Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes
After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, … Read more
Tax-Free Ways to Transfer Bitcoin and Other Crypto: Expert Take
You can give cryptocurrency as a gift, and it doesn’t trigger income taxes. Go to Source Powered by WPeMatico
US: Tax Filing Service Says Only 0.04% Of Customers Reported Crypto To IRS For 2017
Despite rise in crypto adoption, almost no Americans have reported crypto gains or losses this tax season to date, says Credit Karma. #NEWS Go to Source Powered by WPeMatico
Paying Tax in Crypto Ironically Triggers More Taxes – Expert Take
The IRS is not accepting Bitcoin, Ripple or Ethereum for taxes yet. #EXPERT_TAKE Go to Source Powered by WPeMatico
IRS Forms New Team To Track Down Crypto Tax Evaders
The IRS has formed an investigative team searching for tax evaders of crypto profits #NEWS Go to Source Powered by WPeMatico
The IRS Takes Its Tax Evasion Hunt to the Blockchain
As the adage goes, there are two certainties in life: death and taxes. For any U.S. bitcoiners considering wriggling out of the latter, that task just got a little harder. The country’s Internal Revenue Service has revealed that it’s bolstering its armory to make it easier to track down crypto tax evaders. It’s now assembled … Read more
Coinbase Sends American Clients IRS Tax Form 1099-K
If you are an American client of Coinbase and made plenty of transactions during 2017, you better check your email. The company sent out tax forms for 2017 to many clients who were not necessarily expecting it. Also Read: Bitcoin Tax Reporting Software Developer Node40 Acquired for $8m IRS Tax Form San Francisco-based cryptocurrency exchange … Read more
Bitcoin Tax Reporting Software Developer Node40 Acquired for $8m
A publicly traded Canadian crypto miner has just made a $8 million bet that all bitcoin users around the world will eventually be compelled to report their transactions to the taxman, and that they will help handling this oftentimes complex process. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write … Read more
The Tax Man is Finally Catching Up On the Crypto Market
Taxing cryptocurrency gains have always been a puzzler for the taxation authorities, but, with coins like Bitcoin hitting the mainstream, and enough time elapsing, the tax man is catching up. #ANALYSIS Go to Source Powered by WPeMatico
