IRS

Markets

Cryptocurrency reminds us that tax and other rules need to be fluid, as inaction or inappropriate responses can halt or slow technological advances.

By Annette NellenApr 4, 2018

Markets

Active crypto traders can qualify for trader tax status (TTS) to deduct business and home-office expenses. And there might be an additional benefit.

By Robert GreenApr 3, 2018

Markets

For cryptocurrency traders, the ability to use like-kind exchange rules to avoid U.S. tax on trades is a bit of a “good news/bad news” story.

By James MarkwoodApr 2, 2018

Markets

Calculating tax exposure is always a data-heavy business process. With regular assets, this process is simple. In cryptocurrency, it's anything but.

By Jeremy DraneApr 1, 2018

Markets

There's a lot of information to process, but ignoring it can be hazardous. The IRS is going to come after investors who are not reporting their gains.

By Busayo OgunsanyaMar 31, 2018

Markets

The tax treatment of hard forks in the U.S. is uncertain and the IRS should issue guidance addressing such issues, says a legal expert.

By Omri MarianMar 30, 2018

Markets

The IRS' 2014 tax guidance may encourage cryptocurrency users to use unregulated foreign exchanges and use privacy coins like monero or zcash.

By Joe ColangeloMar 30, 2018

Markets

The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.

By Nikhilesh DeMar 23, 2018

Markets

The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.

By Annaliese MilanoMar 21, 2018

Markets

Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.

By Wolfie ZhaoFeb 26, 2018