Tax


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US Crypto Tax Policy Isn't Just Crazy, It's Cruel

There is something extraordinarily cruel, crazy even, in the IRS’s approach of treating virtual currencies as property for tax purposes.

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What the Taxman Can Learn from Crypto

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

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Don't Forget the 'Other' Cryptocurrency Tax

If cryptocurrency gains acceptance as a means of exchange, it’s sure to raise the ire of governments hungry for revenue from sales taxes.

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How Active Crypto Traders Can Save on US Taxes

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

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Thailand Inches Closer to Cryptocurrency Taxation

Thailand is expected to enact a law soon that will mandate cryptocurrency traders for both value added tax as well as capital gain tax.

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Do You Owe the IRS for Crypto-to-Crypto Trades?

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.

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The Maddening Task of Calculating Taxes on Crypto

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

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Everything You Were Afraid to Ask About Crypto Taxes

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.

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Does the IRS Get a Cut of Your Bitcoin Cash?

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.

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Taxing All Bitcoin Buying Will Backfire for the IRS

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

Tax