Latest Posts with Crypto taxes tag

Crypto taxes

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Winning Money? How The IRS Taxes Gambling

26 Feb 2021 4 minute read 1 comment MintDice.com

As January 2021 fades into February, it’s almost time for that dreaded time of year, also known as tax season. Tax season can be happy for many people (especially those who get a refund year after year) but can be difficult for others who end up owin...

US Crypto Taxes Explained - NOT ADVICE

21 Jul 2020 5 minute read 10 comments The Part Time Economist

One of my favorite parts of being a crypto blogger is that I get to meet and interact with people from all over the world. I enjoy learning from different people, and over the past few weeks, I have learned that cryptos are taxed quite differently in...

Crypto Taxes Canada 2020 (Capital Gains VS Business Income)

3 Dec 2020 1 minute read 6 comments cryptoforcanadians

As we're finishing 2020, some of you may already be thinking about the taxes that you'll need to pay on your gains come next year. Having said that, here's a quick post on how your crypto gains may be calculated in Canada. I do want to say though tha...

Taxes: Crypto Goes Legal

25 May 2020 2 minute read 9 comments NOWPayments

New Rules Cryptocurrency taxations’ matter puzzles owners of coins worldwide. When did crypto become legal? Do we need to pay for all the operations or there are some exceptions? If you keep these questions in mind, NOWPayments has prepared for you...

South Korea's New Tax Laws Could Bring Crypto Taxation to 20%

14 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

On July 13, South Korea’s National Assembly proposed a bill that would impose 20% capital gains tax on cryptocurrencies, according to local media outlets. The law considers cryptocurrencies to be goods, as opposed to money. However, there are some nu...

Square Buys Credit Karma's Tax Service for Cash App Integration

26 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Payments firm Square will buy Credit Karma’s tax application for $50 million, according to a press release issued on Nov. 25. Square will buy the self-reporting tax filing service Credit Karma Tax on behalf of its Cash App The service will be made a...

Crypto & Your Tax Bill

18 Mar 2021 2 minute read 1 comment AlucardLife

You don't have one. Questions? Drilling down: Crypto, bitcoin especially, is sovereign. That means your country has NO CLAIM TO IT. Moreover, it is not in any way defined by or against any fiat currency. The fact that they can be exchanged for fiat c...

How Quickly can Crypto Bounce Back?

26 Apr 2021 2 minute read 3 comments Cje95

With the recent pullback in crypto, the first question you have to ask yourself is what's next? When is the right time to get back in? Is it going to get worse? Is it going to recover? It is a question that really does not seem to have an answer and...

Triple M (Mad Man McAfee) arrested for US Tax Evasion

9 Oct 2020 1 minute read 23 comments PVMihalache

I grew up having McAfee antivirus on every PC I had, not because it was free but because was the best. John McAfee was some kind of genius billionaire as a result of his software. In 2020, the link with the famous antivirus is the only positive aspec...

BTC Has Fallen By 18% In A Week, And Has Recently Fallen Below $50,000. Is There Any Bad News?

24 Apr 2021 4 minute read 0 comments Willson-Deng

Capital gains tax is not bad news for BTC, beware of “flops” in BTC On April 23, BTC fell below the psychological price of $50,000, and its market value also fell below the $1 trillion mark. I took a look at the online news about BTC in the last 24 h...