Cryptocurrency Taxes

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

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.

Investors in Bitcoin and other cryptocurrencies should be celebrating their gains now because in just a matter of days the 1031 tax loophole thats been a financial …

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

Cryptocurrency Basics The Basics of Cryptocurrencies and taxes; … gains taxes (thus you will need fiat currency at … some crypto to pay taxes you need to …

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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.

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

In this report, Congress noted that the emergence of cryptocurrencies should be listed among the most significant economic events of 2017 – right amongst the “passage of tax reform, regulatory reform, [and] the continued drop in …

Feb 13, 2018 … Despite months of warnings to pay their taxes on cryptocurrency profits, American Bitcoin investors aren't in a hurry to tell Uncle Sam what they owe. Early data from one popular tax preparation service shows that only a minuscule proportion—just .04%—of U.S. tax filers have reported their cryptocurrency …

Bitcoin / Cryptocurrency Taxation: Find out about your tax obligations in different countries around the world – USA, UK, Europe, ASIA

3 days ago … After a prodigious growth year, the Internet Revenue Service (IRS) is coming after the tax revenue that rightly derived from the significant profits gleaned from crypto market acceleration.

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

"An origin-based international tax system no longer makes sense," he said and expressed … "Countries must invest in skills, science and technology," he said. …