Mar 26, 2018 … Investing in cryptocurrency moved mainstream in 2017, now more people are staring down tax bills from their big gains in crypto.

Cryptocurrency Tax Calculator Contents Basis and the Taxes contents president and tax market And planning and tracking calculator riding the cryptocurrency roller Cryptocurrency and taxes: What you need … for preparing tax documents if you traded cryptocurrency. … date to calculate cost basis and the date and … Cryptocurrency Taxes Contents Clarified the tax treatment where you buy

With the IRS focusing on the new tax laws, there has been no new cryptocurrency tax guidance since 2014. Consequently, few investors fully understand the issues and implications of how to treat 2017 crypto gains. "There's a lot of confusion around taxes and cryptocurrency, and for good reason," said Mark Steber, Chief …

Bitcoin bulls are waiting for the tax filing deadline. BTC/USD is locked in a tight …

Calculate Bitcoin taxes of capital gains and income for Bitcoin, Ethererum, … Tax Attorney, Cryptocurrency Tax Reporting and Planning, Business Law, …

Bitcoin Taxes Contents Contents clarified the Not the case for all crytpo-exchanges Around for years Us. today we're taking The april tax-filing A new technology is set to rocket up 8,000% This article was first published on NerdWallet.com. Did you dabble in bitcoin in 2017, riding the cryptocurrency roller coaster that seemed to captivate the nation? You

For tax purposes, in the U.S., cryptocurrency is generally treated as property (a capital asset like stocks, bonds, and other investment properties). It is not treated as currency like the U.S. dollar. That means it is treated like real estate or gold in most cases, and thus it is subject to the short and long-term capital gains tax in …

Cryptocurrency such as Bitcoin is so mercurial that the IRS is just now starting to take a closer look. The IRS has said that anyone who uses virtual currency as a form of payment must issue a 1099.

“With the surfacing of scams worth crores, a surge in the use of virtual …

U.S. House Representatives Mr. Polis and Mr. Schweikert have introduced the Cryptocurrency Tax Fairness Act in Congress, making it easier to pay for every day goods and services using Bitcoin.

Feb 21, 2018 … Before you jump into this explanation of how cryptocurrency affects your taxes, check out our first article in this series: Bitcoin, explained. It's been a wild ride for cryptocurrency enthusiasts over the past few months. After ascending to a high water mark of $19,205 in December 2017, the world's preeminent …

1 day ago … The April 17th tax deadline is fast approaching. The following guide contains instructions on calculating taxes on your cryptocurrency investments. Cryptocurrencies outperformed nearly every other traditional asset. Since the beginning of the year, the value of cryptocurrencies increased by an average of …

There is plenty of misunderstanding about the definition of cryptocurrency. Wikipedia’s well-researched entry on the topic defines "cryptocurrency" as follows (with their links included): a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and …

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

Virtual currency like Bitcoin has shifted into the public eye in recent years. Some employees are paid with Bitcoin, more than a few retailers accept Bitcoin as payment, and others hold the e-currency as a capital asset. Recently, the Internal Revenue Service (IRS) clarified the tax treatment of Bitcoin and Bitcoin transactions.

The IRS has its eye on cryptocurrency investments. If you traded or sold any kind of cryptocurrency last year, here’s what you need to know before tax day. In 2014, the IRS issued one notice — IRS Notice 2014-21, 2014-16 IRB 938 — …

Cryptocurrency is hot these days. Search for some useful tips about its trading.

Cryptocurrency has gone mostly unregulated, but Coinbase could be just the first of many IRS targets.

Being able to pay taxes directly with cryptocurrencies is another necessary legislation. Many countries and U.S. states are moving in this direction because …