Crypto Taxes


Policy

How to Minimize Your Crypto Taxes

Your tax strategy may be every bit as important as your investment strategy, say two crypto tax experts.

1040Mosh4

Policy

IRS Says Buying Crypto With Fiat Does Not Trigger Tax Reporting Rules

The IRS has narrowed the breadth of its new crypto reporting question.

IRS 1040 2020

Markets

TaxBit Raises $100M in Bid to Take Crypto Taxation Software Global

The Utah-based startup roared out of stealth mode with backing from Paradigm and Tiger Global.

Brothers Austin and Justin Woodward founded TaxBit in 2018.

Markets

Bitcoin Slumps to $31K on Sell-Off in US and Europe

Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.

Bitcoin prices, Jan. 21, 2021.

Markets

Square Agrees to Buy Credit Karma's Tax Preparation Service for $50M

Cash App will make the DIY tax-prep software available for free to its 30 million monthly users.

square

Markets

Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS

Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.

IRSMosh2

Markets

US Is Debating Risk vs. Liability for New Crypto Tax Rules

U.S. Treasury department officials are wrangling with how to focus a coming set of crypto tax rules.

tax

Markets

OECD Preparing Crypto Tax Reporting Framework for World's Largest Economies

The tax framework may address questions surrounding wallet providers and income not derived from crypto sales.

CoinDesk placeholder image

Markets

Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin

The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes.

knesset

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