Latest Posts with Crypto taxes tag

Crypto taxes

65 Articles 1 Followers


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...

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...

TAXES for those who have digital currencies!!!!

18 Nov 2020 1 minute read 0 comments MISSSUAREZ

The Executive led by Pedro Sánchez approved a new bill that seeks to fight against tax fraud. This project will replace the one already proposed just two years ago when Sánchez was already in Moncloa. On this occasion, the measure wants to target cry...

IRS States that Just Holding Crypto Won’t Need Disclosure in Tax Form

27 Oct 2020 1 minute read 16 comments Abhimanyu Krishnan

The United States Internal Revenue Service (IRS) has clarified that those who have only held crypto assets in 2020 need not answer yes to the question of whether they have received any financial interest via cryptocurrencies. The IRS issued the clari...

🔑 Tax loopholes - Wash Sale Trading 🔑

15 Oct 2020 2 minute read 0 comments _-_

Tax loopholes are ways to legally owe less money or decrease your tax burden, generally because of technical definitions... Today we'll examine one that applies to Cryptocurrency and Bitcoin, "Wash Sales"There are many changes happening the crypto sp...

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...

Episode 170: 💲 Bitcoin losing its dominance? ☢ Power Plants - 🛑IRS - 👁‍🗨Chase Bank

26 Aug 2020 1 minute read 0 comments NewCreationCapital

video: audio: Join The New Creation Cronies Telegram Group In Episode  170 : Bitcoin losing its dominance?  Power Plants -  IRS -  Chase Bank  This is the story of the day. Story Related Links: Bitcoin is loosing its Dominance percentage and the la...

Hacker stole trader personal data from CryptoTrader.Tax

25 Aug 2020 1 minute read 0 comments PhoenixDev

The CryptoTrader.Tax platform, a service that allows calculating and presenting taxes on cryptocurrency transactions, has been compromised when a hacker has stolen the information corresponding to the accounts of more than 1000 users of this platform...

Taking skin: the IRS' 2020 crypto reckoning

24 Aug 2020 2 minute read 6 comments Spitkitten

The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.--Mark Twain Not that I'm a lawful good tax lover or anything, but I've seen, first hand, on multiple occasions, the emotional dumpster fire of an audit...

Koinly first impressions

24 Aug 2020 1 minute read 0 comments edexter

I just started to try out Koinly My first impressions is that it is a good thing I started in August.  For the most part it is easy to use.  Many people may be greeted by the IRS questions on thier tax form and decide to try to try using it a bit lat...