Crypto Tax Compliance

30 Articles 1 Followers


Cryptocurrency Taxation – A Bit Brain Guide

8 Dec 2020 6 minute read 4 comments Bit Brain

If you’re worried about the taxes which you need to pay on your crypto trades, Defi earnings, staked coin dividends etc, then my question to you is:“Why on Earth does your government know what you’re doing with your crypto?”You’re doing it wrong; tha...

Are bitcoin profits taxable in the UK?

24 Nov 2020 2 minute read 0 comments coinpass Global

The HMRC states that tax on the capital gains and profits on assets must be filled on your yearly personal and business tax return. This means that when you’ve made a profit on paintings, property, cars, jewellery and collectibles. There are some ex...

Syscoin 4.2: Network Enforced Rules to Facilitate Regulatory Compliance

12 Nov 2020 3 minute read 2 comments drluv

Syscoin long-term development is focused on enterprise-level adoption and therefore, scalability and interoperability are essential keystones for adoption. Syscoin is merge-mined with Bitcoin and based on the latest Bitcoin core which provides for un...

💣 IRS creates new Crypto Tax on 1040 Form - Including Micro-Payments like Publish0x 💣

30 Sep 2020 5 minute read 7 comments _-_

US residents will face a new question on their tax forms in 2020, the IRS has proposed to include a disclosure of ANY crypto held on the very first page of the 1040 form all filers must fill-out. In fact it's the THIRD question right after Name and A...

Dash Podcast 153: Dash Core Group CFO Glenn Austin

31 Aug 2020 1 minute read 2 comments TheDesertLynx

Dash Core Group's CFO Glenn Austin comes on the podcast to talk about Dash's financials and Dash Core Group's financial outlook specifically, and on the financial challenges of accounting in cryptocurrency as a whole. We go deep into which Dash pric...

Crypto Income and Taxation

13 Jul 2020 3 minute read 5 comments rah

Most (if not all) of us are investing in Crypto with the intention of making profits. Profits are great, but once an individual starts making money the tax man is not far behind. Now of course we all want to minimise our tax burden while at the same...

End of Financial year, what does that mean for my crypto holdings?

1 Jul 2020 2 minute read 0 comments Iwasntexpectingthispressure

Anons first Crypto. Post #17 I've been investigating cryptocurrency and the decentralized web since the start of May 2020. This blog is an avenue of documentation and expression of my experience. So I totally thought crypto to crypto being a taxable...

Coinbase will sell anti crypto evaders software to US Govern?

10 Jun 2020 2 minute read 0 comments Pot Project

Coinbase will sell its software capable of flushing out crypto-evaders to Fisco USA (IRS) and DEA. A software born from a controversial story. The times when Coinbase opposed the requests of the IRS, the US Revenue Agency, which asked to provide all...

IRS Crypto Audit Tax Notice probes deep - what to do if you get one (or even if you did not, how to be prepared?)

11 Feb 2020 1 minute read 0 comments CryptoTapas.com

We recommend reading this article about the IRS Crypto Tax Audit Notice. A post about IRS Crypto Tax Audit Notice is making circles online.  Whether this is a genuine one or not is unclear, but this one looks to be real (having seen many notices befo...

Bitcoin ATMS - the good, the bad and the ugly!

7 Feb 2020 3 minute read 1 comment Dave Sawyer

Bitcoin ATM's are good - ubiquitous mass adoption for crypto.  They are bad - semi-anonymous and anti-AML.  They are ugly-high fees and bad exchange rates and security concerns.  Why are they being installed so fast? Who uses them? Where are they com...