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BUSINESS

Op Ed: Are You Paying Taxes on Your 2019 Bitcoin Gains?

David Kemmerer -
With the recent price rise, many bitcoin traders have incurred capital gains that need to be reported on year-end tax returns. But how?
BUSINESS

Op Ed: Portugal Clarified Its Bitcoin Tax Code; Other Nations Should Take Note

Colin Harper -
“At the very least, the IRS should heed Portugal’s prudent policy and treat cryptocurrency transactions like typical currency transfers.”
BUSINESS

IRS Sends Warnings to Crypto Investors Over Misreported Trades

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

Bitcoin Is Now a Legal Form of Payment in New Zealand

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

Congressman Reintroduces Cryptocurrency Tax Bill

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

Eyeing Tax Evasion, British Authority Launches Crypto Exchanges Inquiry

Colin Harper -
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.
BUSINESS

The IRS Is Sending Bitcoin Investors Reminders to Pay Crypto Tax

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

First City in Canada to Trial Bitcoin Tax Payments

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

Congressman Reintroduces Hard Fork Tax Clarity Bill

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

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

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