Tag: taxes
The IRS is actively cracking down on cryptocurrency users in the United States. Klasing Associates, a US law firm, expects there to be even more prosecutions in this department. …
Filing taxes related to cryptocurrencies in the US can be a very painstaking endeavor. It now appears that the IRS crypto tax audit letter being sent out to users …
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 …
The IRS released an update to its guidance on crypto taxation earlier this month, the first such update since the initial version in 2014. The new guidance is in …
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, but similar issues arise …
Crypto taxes have been a grey area for a while; with many crypto traders being confused about how to file returns when it comes to crypto profits. However, in …
The IRS doesn’t take kindly to people purposefully evading taxes. This is especially true when those users are also cryptocurrency holders or traders. Despite sending out thousands of letters in …
Venezuela has always been an interesting country when it comes to Bitcoin and other cryptocurrencies. Despite this form of money being very popular, it also irates the local government. …
Most cryptocurrency enthusiasts will agree the year 2018 is best forgotten quickly. A lot of financial losses were sustained during this period. That is only normal, after the ludicrous …
