Arizona Lawmakers Strip Crypto Mentions From Tax Payments Bill
Arizona Senate Bill 1091 has been passed by the House and Senate - but no longer mentions cryptocurrencies anywhere.
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights.
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations.
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.
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.
The Town of Innisfil, Ontario, will accept bitcoin for property tax payments from next month in a one-year trial project.