Crypto Taxes

Brothers Austin and Justin Woodward founded TaxBit in 2018.
TaxBit Raises $100M in Bid to Take Crypto Taxation Software Global
The Utah-based startup roared out of stealth mode with backing from Paradigm and Tiger Global.
Brothers Austin and Justin Woodward founded TaxBit in 2018.

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Crypto Tax 2021: A Complete US Guide
With April 15 on the horizon it's a good idea to start getting your crypto taxes in order.
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Justin Sun Saw You In the Capitol
Crypto Taxes Are Coming So What Is Next?
The coming crypto taxation in Russia and India, North Korean hackers indicted by the U.S. Department of Justice and the GameStop story rolling into the U.S. Congress.
Justin Sun Saw You In the Capitol

Bitcoin prices, Jan. 21, 2021.
Bitcoin Slumps to $31K on Sell-Off in US and Europe
Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.
Bitcoin prices, Jan. 21, 2021.

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Square Agrees to Buy Credit Karma's Tax Preparation Service for $50M
Cash App will make the DIY tax-prep software available for free to its 30 million monthly users.
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IRSMosh2
Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.
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US Is Debating Risk vs. Liability for New Crypto Tax Rules
U.S. Treasury department officials are wrangling with how to focus a coming set of crypto tax rules.
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OECD Preparing Crypto Tax Reporting Framework for World's Largest Economies
The tax framework may address questions surrounding wallet providers and income not derived from crypto sales.
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Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes.
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The IRS's Taxpayer Advocate Service says a group of letters the agency sent to taxpayers last year may have violated its own code. (Danny Nelson/CoinDesk)
IRS, Ignoring Its Own Watchdog, Sends Letters About Crypto Taxes Once Again
Less than a year has passed since the IRS first sent taxpayers cryptocurrency "soft letters."
The IRS's Taxpayer Advocate Service says a group of letters the agency sent to taxpayers last year may have violated its own code. (Danny Nelson/CoinDesk)