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Taxes

IRS Sends Warnings to Crypto Investors Over Misreported Trades

Following a round of “soft notices” sent last month, the IRS is issuing a round of sterner warnings about accurate cryptocurrency tax filing.

Bitcoin Is Now a Legal Form of Payment in New Zealand

A public ruling integrates crypto assets as legal and taxable forms of payment in New Zealand.

Congressman Reintroduces Cryptocurrency Tax Bill

Representative Ted Budd has introduced a bill meant to reform the national tax code around cryptocurrency.

Eyeing Tax Evasion, British Authority Launches Crypto Exchanges Inquiry

Her Majesty’s Revenue and Customs has sent letters to Coinbase, eToro and CEX.IO requesting client transaction data in an effort to curb tax evasion.

The IRS Is Sending Bitcoin Investors Reminders to Pay Crypto Tax

The IRS is sending those who have conducted cryptocurrency transactions reminders to pay the requisite taxes.

First City in Canada to Trial Bitcoin Tax Payments

Canadian citizens in the city of Richmond Hill will soon be able to make municipal tax payments in bitcoin.

Congressman Reintroduces Hard Fork Tax Clarity Bill

U.S. Representative Tom Emmer has reintroduced a bill that could add clarity for taxpayers who hold forked cryptocurrencies.

Op Ed: Three Things to Watch for in Upcoming IRS Cryptocurrency Tax Guidelines

With the IRS planning to release further cryptocurrency tax guidelines, there are three major things investors need to watch out for.

U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin

The new program called CoinRT gives Refundo users the opportunity to take their federal and state income tax refunds in bitcoin.

Op Ed: We Just Launched the First Cryptocurrency-to-Tax Payment Partnership

In early March 2019, Coinberry provided the technology, infrastructure and implementation for the town of Innisfil, a government municipality in Canada, to start accepting tax payments in bitcoin. What's next for governments?