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taxes
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.
The IRS Is Inviting Crypto Firms to a 'Summit' in DC Next Month
The IRS will hold a summit to better inform its thinking around taxing cryptocurrencies next month.
IRS Refused to Clarify Its Crypto Tax Guidance Isn't Binding, US Watchdog Says
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.
DISCUSSION: US Crypto Taxes Are a Nightmare. Could These Proposals Help?
Nobody likes taxes but for U.S.-based blockchain users things can be particularly awful. This week we discuss U.S. tax treatment of "virtual currencies" and how scams find a home wherever opportunity exists, at least for a while.
How Blockchain Will Track Taxes (and Tax Cheats)
The chairman of the Global Blockchain Business Council is working with others on a way to add transparency and openness to taxes.
New Hampshire Lawmakers Vote Down Crypto Tax Bill
New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments.
US Lawmakers Ask IRS to Clarify Crypto Tax Rules Around Airdrops, Forks in New Letter
Congressmen are again asking the IRS for clarity on its recent cryptocurrency tax guidance.
'TurboTax' for Crypto: Accounting Firm Lukka Debuts Tax Tool for Retail Investors
Lukka, one of the first accounting firms for digital assets, is offering tax preparation services to retail crypto investors starting on Jan. 15.
US Judge Refuses to Quash IRS Summons for Bitstamp Exchange Records
A federal judge denied a bitcoin user's petition to stop the IRS from gathering data about his cryptocurrency holdings from the Bitstamp exchange.
Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed.
