taxes


Markets

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect.

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Markets

IRS Says It's Sending Warning Letters to US Cryptocurrency Owners

The IRS has begun contacting U.S. taxpayers, warning them about possible back taxes owed on their crypto holdings.

IRS

Markets

California CPAs Push for Crypto Accounting Clarity

Accountants want to fill gaps in the U.S. GAAP when it comes to cryptocurrencies.

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Markets

IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014

The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.

irs

Markets

Coinbase Integrates TurboTax to Help US Clients File Crypto Taxes

TurboTax is partnering with Coinbase and four other crypto startups to help U.S. investors properly file their taxes for 2018.

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Markets

Lawmakers Pitch New Crypto Tax Payments Bill in New Hampshire

A New Hampshire bill would require state agencies to accept cryptocurrency as payment for fees and taxes.

BTC and USD

Markets

Overstock Will Pay Some of Its 2019 Taxes in Bitcoin

Overstock.com plans to be the first major business to pay state taxes using bitcoin in Ohio.

Byrne

Markets

UK Tax Agency Publishes Detailed Guidance for Crypto Holders

U.K. tax body HMRC has provided an in-depth explanation of how cryptocurrency users should pay taxes on their holdings.

Ethereum's London hard fork has been influencing markets recently.

Markets

IRS Advisors Call for More Tax Guidance on Crypto Transactions

An advisory group to the U.S. tax agency has called for clearer guidance around how cryptocurrency transactions are taxed.

BTC

Markets

US Congressman Drafts Bills to Aid Blockchain Development

U.S. Representative Tom Emmer plans to introduce three blockchain-focused bills to Congress in the coming weeks aimed at spurring development.

TomEmmer