Tag: bitcoin tax

How to Ensure Bitcoin Tax Compliance in 2020 and Beyond

2019 was the year when the term “cryptocurrency tax” became deeply embedded in token-holders’ lexicons. Sure, the idea that you’d have to pay tax on your bitcoin or other digital assets has been kicking around for years, but more column inches were devoted to the taxation of crypto last year than any preceding it.  Undoubtedly this stems from various national agencies releasing detailed guidance on how to treat your cryptocurrency …
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Bitcoin Price Watch: Currency Spikes to $9,200

Bitcoin has jumped to just over $9,200. That’s a $400 increase from yesterday’s trading position of $8,800, and it appears the bulls are back in the game. The last 48 hours had everyone worried somewhat, with the currency experiencing a $500 drop from its recent high of $9,300. A whirlwind of phony deals and Mt. Gox maneuvers may have potentially led to a dip in the currency’s price, though it …
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