169 Articles 2 Followers
25 Nov 2019 4 minute read 6 comments Robin Singh
What exactly does the IRS’ new crypto guidance mean? Earlier this month, the Internal Revenue Service (IRS) released new tax guidance that expands upon its previous 2014 notice. This fresh update brings us new details on hard forks, among other thin...
14 Sep 2019 5 minute read 1 comment MintDice.com
Taxes are one of the most important things to consider when dealing with assets of any kind, especially since failure to do so could lead to problems with the IRS. Some people are not aware that cryptocurrency is an asset, just like any other asset c...
17 Aug 2019 3 minute read 1 comment Bitcoin Mafia
The IRS is sending out another round of letters to cryptocurrency investors – this time telling them that their tax returns do not match records given by crypto exchanges. April 15th may be a few months in the rearview mirror, but that does not mea...
4 Aug 2019 1 minute read 0 comments cyprain
Economist Elizabeth Warren has disclosed that she thinks ‘Wealth Tax’ Shills Are Pumping Crypto Prices, economist Tyler Cowen credits Elizabeth Warren’s “wealth tax” proposal which may be catalyzing this year’s bitcoin price boom as many may be avoid...
22 Jul 2019 3 minute read 0 comments CryptoTrader.Tax
Paying taxes on Bitcoin and other cryptocurrencies is becoming a priority for individuals in the US after the IRS announced on July 2nd, 2018 that one of their core campaigns and focuses for the year is the taxation of virtual currencies. Depending...
1 Jul 2024 4 minute read 2 comments B18
Yes it is that time of the year again. When our friendly taxman sends out their gentle annual reminder to the Crypto Bros. "Hi B18 Our records show you transacted in crypto this year. If you held your crypto as an investment, you need to report your...
6 Apr 2023 2 minute read 0 comments tastymagazine
Coinbase is an exchange on the KYC system (Know Your Customer). They operate by taking a small fee for every transaction. Similar to all other KYC exchanges, you need to become verified by taking pictures of the front and back of your ID and uploadin...
5 Oct 2021 1 minute read 0 comments financialfreedomformula
https://fff-sign-up.gr8.com/ In this video we learn why it's INCREDIBLY STUPID to avoid reporting your crypto currency profits to the IRS - how they WILL FIND YOUR EARNINGS, and ultimately punish you for not reporting. Don't miss this - and watch t...
17 Jun 2021 2 minute read 1 comment WinterYeti
A funny thing happened on the way to getting an explanation on how a hard fork would be taxed versus an airdrop. When the question went to the IRS (yes, those folks at the Internal Revenue Service), as to how either even should be treated for tax rep...
