In an open letter to the Internal Revenue Service (IRS), the U.S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes.
Given crypto’s volatile nature to date, risk tolerance is obviously a factor to consider for any financial portfolio. Juxtapose that with those investors who...
In a bid to fight cryptocurrency tax crime, the U.S. has joined with tax authorities from Australia, Canada, the Netherlands and the U.K. to form the Joint Chiefs of Global Tax Enforcement.
Tax day in the United States is tomorrow, but according to the popular tax filing service Credit Karma, few cryptocurrency holders have reported earnings or losses yet.
As bitcoin continues its bull run, more U.S. investors are looking for ways to protect their gains from taxation, and Individual Retirement Accounts (IRAs)...
Of course, Bitcoin Magazine kept up with all of it. Looking back on 2016, we compiled three top 6 lists, with our best-read topics in technology, business and news. These were 2016’s six top news stories, by popularity.
The recent Internal Revenue Service request to Coinbase, seeking records of customers who purchased virtual currency from 2013 to 2015, has led to a...
For workers, anything received as payment for goods or services, including Bitcoin or other digital currencies, is taxable income unless it is specifically exempted. If...
