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CULTURE

IRS Says It Would Seize Bitcoin To Settle Unpaid Taxes

Peter Chawaga -
In comments at a virtual conference, an IRS counsel indicated the agency would seize virtual currency like bitcoin to satisfy tax collection.
CULTURE

How To Offset Gains Taxes With Bitcoin Donations

Alex Wilson -
This tax season, it may be worthwhile to consider making a bitcoin donation to reduce one’s taxes through philanthropy.
BUSINESS

IRS Authorized To Summon Kraken For User Information

Oluwapelumi Adejumo -
The IRS has been authorized to seek information on users of the cryptocurrency exchange Kraken, to ensure they are paying their taxes.
MARKETS

Report: Biden Seeking To Nearly Double Capital Gains Taxes For Wealthy Americans

Namcios -
Report: Biden Seeking To Nearly Double Capital Gains Taxes For Wealthy Americans
BUSINESS

Miami-Dade County Could Soon Let Residents Pay Taxes With Bitcoin

Namcios -
A Miami-Dade County commissioner is exploring the feasibility of residents paying their taxes and fees in bitcoin and other cryptocurrencies.
CULTURE

New Civil Liberties Alliance Challenges IRS Collection Of Private Crypto Investment Data

Alex Wilson -
The New Civil Liberties Alliance (NCLA) filed a lawsuit on behalf of a Bitcoin investor whose private data was collected by the IRS without warrant.
BUSINESS

Do The IRS Crypto Tax Letters Violate Taxpayer Rights?

Peter Chawaga -
The IRS is sending letters to bitcoin investors again, warning them about potential misreporting and, according to its own watchdog, violating their rights.
GUIDES

Bitcoin And Taxes

Bitcoin Magazine -
Tax season can be confusing enough with complicated rules about what types of income are taxable and which are not; what can be written...
BUSINESS

5 Tips For Minimizing Your Bitcoin and Crypto Taxes

David Kemmerer -
Here are a few things you can do to minimize your bitcoin and cryptocurrency gains and, in turn, your tax liability.
CULTURE

2020 Bitcoin Adoption: Why Nonprofits Will Lead the Way

Alex Wilson -
The tax benefits of donating bitcoin to nonprofits could help push bitcoin adoption in 2020.
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