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taxes
US Lawmakers Don't Want Proof-of-Stake Networks to Get Overtaxed
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-stake networks are taxed, to prevent taxpayers from owing more than they should.
Crypto Taxes: Still Confused After All These Years
Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled.
Swiss Government Makes Moves to Encourage Crypto Businesses
The Swiss government is making key legislative changes to financial laws to improve legal conditions for blockchain businesses.
IRS Solicits Contractors to Help Examine Crypto Traders' Tax Returns
The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency."
Singapore Won't Tax Airdrops or Hard Forks Under New Crypto Guidance
Singapore’s tax authority has clarified how it taxes the transaction of payment, utility and security tokens.
BitGo Cements Hold on Institutional Market With Lumina Acquisition
BitGo is expanding aggressively out of its core custodial business, announcing Thursday it acquired Lumina to build a tax service.
CoinTracker Adds 6 Industry Partnerships for Its Crypto Tax Reporting Tool
The firm has partnered with a number of prominent blockchain industry names including ErisX, Lolli and Casa.
Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds
Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey.
IRS Crypto Summit Was About the Exchange of Ideas, Not Tax Guidance
No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry.
Uphold Teams With TaxBit to More Accurately Report Users' Crypto Trades
Uphold is launching a real-time tax liability dashboard with the help of TaxBit, allowing users to more easily understand and file their taxes.
