Bitcoin Taxes

Stevie D. Conlon is a vice president and tax and regulatory counsel; Anna Vayser is a product manager and Robert Schwaba is a senior tax and regulatory …

The taxman is warning people not to be caught out by bogus emails pretenting to offer customers a tax rebate after seeing a surge of almost 50pc in consumers reporting being targeted by these "phishing" scams. HM Revenue and Customs (HMRC) said that 23,247 phishing emails were reported to it in the …

Feb 21, 2018 … When it comes to cryptocurrency, the IRS and taxes, taxpayers should stay ahead of the game rather than be reactionary.

The is the most comprehensive analysis to date about the IRS tax guidance on virtual currencies like Bitcoin: What records to keep, what enforcement challenges you need to be aware of, and what you can write off.

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With April 17th looming large on the financial calendar of most Americans, the 2017 tax year will present some challenging scenarios for many — especially given …

Explaining away the recent decline in bitcoin is proving difficult for market bulls who are continually searching for reasons why the No. 1 digital currency has lost …

Cryptocurrency Taxes Contents Credit karma reported Claimed their cryptocurrency gains and planning and tracking calculator for high school tax Blog introduced the Appearing on CNBC last week, Lee referenced his recent report which calculates … On February 13th, credit karma reported that only 0.04 percent of Americans that have already filed their 2017 taxes had claimed their

16 hours ago … Tax day in the US is on April 17—and if you made some money off bitcoin, ethereum, or another cryptocurrency, you need to declare your wallet. In the past, the IRS has mainly relied on the honor system for people to report their crypto earnings—but honesty and taxes have not traditionally been bedfellows …

Jan 4, 2018 … A growing number of people are getting their share of the bitcoin pie, but paying taxes on bitcoin may need some explaining.

There are tax consequences whenever bitcoin is traded. Learn how bitcoin is taxed and get tips from accountants who specialize in digital currency.

Jan 29, 2018  · Illustration by Alex Castro / The Verge Why you really shouldn’t skip out on Bitcoin taxes. The IRS has gone after bitcoin tax evaders before. In 2016, the IRS requested the Coinbase records of all the people who bought bitcoin from 2013 to 2015.

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scam — not backed by anything but faith. A real national currency, if not backed by gold silver, is backed by the economy and military might and legal system of the issuer.

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Crypto Taxes EXPLAINED! Bitcoin/Altcoins, Like-Kind Exchanges, Examples! (U.S. Specific Dec. 2017)Calculate Bitcoin taxes of capital gains and income for Bitcoin, Ethererum, and other alt-coins from trading, spending, donations / tipping and mining.

5 days ago … IRS tax guidance on virtual currencies like Bitcoin: What records to keep, what enforcement challenges you need to be aware of, and what you can write off.

Define legal tender: money that is legally valid for the payment of debts and that must be accepted for that purpose… — legal tender in a sentence