Cryptocurrency Analysis and News Portal
Bitcoin.com Executive Chairman, prominent Bitcoin Cash (BCH) evangelist and self-acclaimed foremost investor of Bitcoin startups, Roger Ver, has come out to state that neither Ver nor Bitcoin.com endorsed the controversial Bitcoin Cash Miner Tax. Roger Ver Removes Himself From Miner Tax Proposal Roger Ver, via a YouTube video on February 16, 2020,
Read More
Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with
Read More
The IRS mistakenly classified in-game currencies as taxable for months. It removed this classification almost immediately after reports went live. This mistake hints at a dystopian future for in-game currencies. Imagine a world where not only your real-life purchases were taxed but also your in-game ones, like Fortnite’s V-bucks. We caught a little
Read More
The Internal Revenue Service (IRS) should – but won't – clarify how taxes are levied on cryptocurrencies and cryptocurrency transactions in the U.S., the government’s top auditing institution said Wednesday.The Government Accountability Office (GAO), a U.S. Congress watchdog, published a report in response to a request from Rep. Kevin Brady
Read More
For crypto owners looking to estimate how much they owe in taxes, there are some platforms with a free crypto tax calculator.
Read More
The State Revenue Service of Latvia (SRS) has seized some bitcoins for the first time. The cryptocurrency, allegedly acquired through illegal means,
Read More
Tomicah Tillemann is the chairman of the Global Blockchain Business Council and, at Davos this year, he was interested in taxes. He spoke to Michael Casey at his council's event at the World Economic Forum.“We were really fortunate yesterday to announce a new collaboration with Ernst & Young and MIT.
Read More
A growing number of crypto tax software developers are trying to bolster their products’ technical credibility with the Certified Public Accountant's (CPA) stamp of attestation. Attestation is an independent review conducted by a CPA, whose report includes conclusions about the reliability of data, statements – or systems, in the case of
Read More
It’s here! The United States tax season officially started on Jan. 27, and this time, crypto tax is in the spotlight.Following developments that culminated in the Internal Revenue Service publishing new guidance in October 2019, the bureau has begun to invest efforts in cryptocurrency tax reporting and investigation and
Read More
According to January 29, 2020, announcement by major crypto financial services company Bitcoin Suisse, the Swiss city of Zermatt has now become the second city in Switzerland which allows taxpayers to pay their taxes in Bitcoin (BTC). Zermatt Now Accepts Taxes in Bitcoin Bitcoin continues to undergo a slow and steady wave
Read More