Browsing the "taxes" Tag

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.

Arizona’s Crypto Tax Payments Bill Clears Hurdle

| Nikhilesh De

Arizona's revamped cryptocurrency tax bill was approved by a key committee on Monday.

Credit Karma: Almost No One Is Reporting Crypto Tax Gains

| David Floyd

Tax firm Credit Karma reported that less than 1 in 250 users reported cryptocurrency gains or losses on their tax forms.

Arizona’s Crypto Tax Payments Bill Is Being Revamped

| Nikhilesh De

Arizona's crypto tax bill is still moving forward, despite seeming to have stalled in the Senate last month.