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

Related Content How to file for an extension on your 2017 taxes Things to know about your cryptocurrency at tax time 12 tax scams you’ll want to avoid …

Mar 21, 2018  · With this year’s April 17 filing deadline fast approaching, many virtual currency traders are sweating over their tax returns.

Jan 09, 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.

Feb 19, 2018 … According to data from the IRS, between 800 and 900 taxpayers per year reported cryptocurrency capital gains on their federal income-tax filings between 2013 and 2015. Yet, based on a recent IRS legal victory over cryptocurrency exchange Coinbase, over 14,300 people traded in excess of $20,000 …

When it comes to the challenges of cryptocurrency and taxes, ambiguity reigns. But companies should still plan ahead to avoid future problems.

Cryptocurrency Taxes Contents And taxation requirement for the Now that the You may not know Haven't been paying The swedish startup 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

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

Although cryptocurrencies have been around for a while now, 2017 saw new …

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 …

Cryptocurrency Taxes Contents Game rather than Short and long-term Learn more about Office believes bitcoin purposes; general rules Other crypto tax preparation and 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

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.

Mar 18, 2018 … So the person who bought a $1 million home using cryptocurrency Ethereum, for example, would have to pay capital-gains tax on the transaction as well as real- estate taxes. paying taxes with bitcoin so you have to pay capital gains on paying your capital gains pic.twitter.com/0xsHLo6A35. — Neeraj K.

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 …

"The timing is ideal as the Company is preparing for aggressive mining growth, …

Bitcoin / Cryptocurrency Taxation: … Crypto currency holdings are taxes as savings, not as income. Reply. charly paz March 13, 2018 at 3:59 pm.

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