Tax

The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years

| Anna Baydakova

For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know.

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New IRS Warning Letters Target Crypto Investors Who Misreported Trades

| Nikhilesh De

The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions.

New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto

| Daniel Palmer

New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.

IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

| Nikhilesh De

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.

North Carolina Congressman Reintroduces Crypto Tax Bill

| William Foxley

Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code

British Authorities Seek Data from Crypto Exchanges in Search of Tax Evaders

| Ian Allison

The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes,…

Australia to Crack Down on Crypto Tax Avoidance Schemes

| Benedict Alibasa

The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.

Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

| Daniel Palmer

Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.

Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks

| Annaliese Milano

U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks.

US Income Tax Payers Can Now Get Refunds in Bitcoin

| Yogita Khatri

Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin through Bitpay and Refundo.