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Cryptocurrency has gone mostly unregulated, but Coinbase could be just the first of many IRS targets.
Cryptocurrency Tax Contents The public eye But this year With coin founders Are staring down Jan 30, 2018 … When it comes to cryptocurrency, the IRS and taxes, taxpayers should stay ahead of the game rather than be reactionary. Jan 9, 2018 … Cryptocurrency is riding high these days. But even as more investors are taking a
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 …
Jan 30, 2018 · When it comes to cryptocurrency, the IRS and taxes, taxpayers should stay ahead of the game rather than be reactionary.
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 …
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So you are sitting on the hottest cryptocurrency around, and as the end of the year approaches, maybe you finally start thinking about (gasp!) that dreaded taxman.
Cryptocurrency Tax Contents office believes bitcoin purposes; general rules for Into this explanation Federal income tax
Although cryptocurrencies are nothing new, 2017 saw more mainstream …
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 …
The room was full of stressed-out cryptocurrency traders. And for once, they weren’t nervous about the price of Bitcoin, or the roller coaster swings of the …
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Mar 19, 2018 · A brief overview of current United States cryptocurrency tax regulations, expectations for capital gains reporting and a few useful tax tips
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Australia’s official taxation department has opened a public consultation to hear feedback about its tax guidelines on cryptocurrencies. In a statement this week, the Australian Taxation Office (ATO) confirmed an update of its …
Jan 9, 2018 … Cryptocurrency is riding high these days. But even as more investors are taking a chance on digital currency, many are still confused about how to treat it for federal income tax purposes. Here's what you need to know.
Mar 1, 2018 … And now, Tax Day, as ever, looms large. But this year, perhaps, is a bit different from the last few—you've got a bit of money invested in cryptocurrency. And though currencies like Bitcoin, Ethereum, and Ripple are poised to transform the financial system (not to mention your bank account), where it …
How is cryptocurrency taxed in the US per transaction? … However, tax is due immediately on sale of the Cryptocurrency asset. Not reporting is tax avoidance.
Although cryptocurrencies have been around for a while now, 2017 saw new …
Mar 26, 2018 · Investing in cryptocurrency moved mainstream in 2017, now more people are staring down tax bills from their big gains in crypto.