Browsing the "taxes" Tag

IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014

| John Biggs

The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.

Coinbase Integrates TurboTax to Help US Clients File Crypto Taxes

| Nikhilesh De

TurboTax is partnering with Coinbase and four other crypto startups to help U.S. investors properly file their taxes for 2018.

Lawmakers Pitch New Crypto Tax Payments Bill in New Hampshire

| Nikhilesh De

A New Hampshire bill would require state agencies to accept cryptocurrency as payment for fees and taxes.

Overstock Will Pay Some of Its 2019 Taxes in Bitcoin

| Nikhilesh De

Overstock.com plans to be the first major business to pay state taxes using bitcoin in Ohio.

UK Tax Agency Publishes Detailed Guidance for Crypto Holders

| Nikhilesh De

U.K. tax body HMRC has provided an in-depth explanation of how cryptocurrency users should pay taxes on their holdings.

IRS Advisors Call for More Tax Guidance on Crypto Transactions

| Nikhilesh De

An advisory group to the U.S. tax agency has called for clearer guidance around how cryptocurrency transactions are taxed.

US Congressman Drafts Bills to Aid Blockchain Development

| Nikhilesh De

U.S. Representative Tom Emmer plans to introduce three blockchain-focused bills to Congress in the coming weeks aimed at spurring development.

money, ukraine

Ukrainian Parliament Proposes Taxing Crypto-Related Profits

| Anna Baydakova

The Ukrainian parliament has introduced a bill outlining taxes on cryptocurrency-related profits.

Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments

| Annaliese Milano

BitPay has partnered with a Florida county tax collector to facilitate tax payments in bitcoin and bitcoin cash.

bitcoin, dollars

Arizona’s Bid to Accept Crypto for Taxes Suffers Setback

| Nikhilesh De

Arizona's crypto tax bill no longer enables the Department of Revenue to collect taxes in cryptocurrency, but rather directs it to conduct a study.