Regulators are playing catch-up when it comes to the brave new evolving world of cryptocurrencies. The Australian Taxation Office believes bitcoin, ripple, ethereum …

Feb 23, 2018 … "Digital currencies are all the rage today, but without proper planning they might just cause you rage come tax time," Mr. Hopkins said in an email. "Tax planning and tracking is really on the shoulders of individuals as the cryptocurrency exchanges are really not set up to help out with tax filings or tracking …

The IRS focuses on cryptocurrency for two primary reasons: trading cryptocurrency is a taxable event and converting cash into virtual currency is a way to launder money. This focus has resulted in the IRS releasing guidance on the reporting and taxation requirement for the sale, purchase, and trade of cryptocurrency—but …

Bitcoin slumped to its lowest level since Christmas day after South korea’s justice minister reiterated his proposal to ban local cryptocurrency exchanges

Feb 15, 2018 … The reason for the background is because the millions of Coinbase users across the country who made gains in their cryptocurrency portfolio (or digital “wallet”') in 2017, must report their gains to Uncle Sam. Now that we are in the midst of tax season, crypto enthusiasts are scrambling to do the right thing …

Cryptocurrency Tax Contents The irs focuses Requirement for the sale Properly account for your bitcoin Major customers. the new features are Are nothing new Jan 30, 2018 · When it comes to cryptocurrency, the IRS and taxes, taxpayers should stay ahead of the game rather than be reactionary. How is cryptocurrency taxed in the US per transaction?

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

The country’s tax department sent notices about cryptocurrency investing to …

How long do HMRC have to open an enquiry into your self-assessment tax return? Generally, it’s 12 months but there are exceptions.

Jan 27, 2018 … Cryptocurrency investors can be a particularly impatient bunch. After all, they have to act quickly to participate in virtual currency markets, which are constantly in flux. So, who among them has the time to read an entire treatise (or even a long article) on cryptocurrency tax policy? Nobody, that's who.

Jan 30, 2018 · When it comes to cryptocurrency, the IRS and taxes, taxpayers should stay ahead of the game rather than be reactionary.

With over 100 years combined tax industry and cryptocurrency experience you can rest assured that your crypto taxes will be handled by industry experts.

Bitcoin, the grandfather of cryptocurrency, will turn ten years old this fall … "If …

Nov 3, 2017 … Unless you live in Italy or another similar country where cryptocurrency gains aren't taxed at the moment, you'll soon be trying to figure out how to properly account for your bitcoin or other cryptocurrency holdings ahead of the upcoming tax season and beyond. Generally, ambiguity reigns presently, as …

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