2019-1-25 01:00 |
TurboTax is partnering with Coinbase and four other crypto startups to help U.S. investors properly file their taxes for 2018.
Similar to Notcoin - Blum - Airdrops In 2024
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CoinLedger has revealed that 31% of crypto investors still need to report their cryptocurrency taxes to the Internal Revenue Service (IRS). 1 in 3 crypto investors shy away from taxes According to an online survey of 305 US adults conducted…
2023-2-7 15:59 | |
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Crypto taxes are a fluid topic as more and more country regulators come to grips with it. Right now, countries that have somewhat regulated this field are tax-wise usually treating cryptocurrencies the same way as gold or real estate.
2021-9-13 13:10 | |
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Crypto taxes are a fluid topic as more and more country regulators come to grips with it. Right now, countries that have somewhat regulated this field are tax-wise usually treating cryptocurrencies the same way as gold or real estate.
2020-3-5 00:04 | |
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Koinly is an online platform for calculating your crypto taxes and tracking your portfolio. As it supports more than 100 countries, Koinly allows people from all around the world to generate their crypto tax reports.
2019-11-20 15:47 | |
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Taxes are never popular, but in the U. S. , paying for crypto gains is like solving a Rubik’s Cube without touching it. While blindfolded. You might have correctly filed your obligations, but there’s no knowing until the tax authority explains exactly what those obligations are.
2019-9-5 21:21 | |
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District of Columbia, USA. 1 April 2019. – Get Crypto Tax is offering its expertise to anyone that wants to report capital gains on cryptocurrencies. Everyone understands the complicated paths around filing taxes.
2019-4-1 20:00 | |
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Advisory Council Wants Taxes Paid In Crypto The IRS advisory council is calling for crypto to be used in the payment of taxes. They propose that this should happen for federal taxes. According to the council, it will help the agency enforce its tax collection in the US. Why Crypto The move to use crypto […]
2018-11-16 23:12 | |
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The market for cryptocurrency tax services is growing rapidly, and it is providing forward-thinking tax professionals with an opportunity to capture oversized profits.
2018-11-15 16:58 | |
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In a recent article published by Venture Beat a few days ago, there are some cryptocurrency traders that are avoiding taxes in their country. At the moment, every single crypto-to-crypto trade is considered a taxable event.
2018-11-14 18:27 | |
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In France, taxes on capital gains from Bitcoin trading might be cut to 30% from the current rate at 36.2%, as per a new budget bill amendment.
2018-11-9 13:48 | |
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South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism.
2018-11-9 00:00 | |
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On November 2, 2018, a Reddit user submitted a post to the /r/tax subreddit claiming that they were stuck in a somewhat precarious proposition with their taxes. Crypto-to-crypto trades: Taxable events The individual, an American college student, said that they decided to start dabbling in cryptocurrency investments sometime in early 2017 after hearing about the market’s growth potential from a.
2018-11-7 21:00 | |
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We have all heard about the crypto millionaires; people who invested in cryptocurrencies before the rest of us had a clue about what Bitcoin was. These investors saw their investments rise 10, 20 and even 50 times and reaped millions of dollars in months.
2018-11-6 02:43 | |
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One college student turned his $5K investment into $880k but now says trading “ruined” his life as he’s facing $400k in cryptocurrency taxes. From Big Profits to a Tax Nightmare An anonymous college student recently posted on Reddit to solicit advice about what to do while they face a massive tax bill in the wake of cryptocurrency trading.
2018-11-4 13:00 | |
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The bearish market has taken a toll on a handful of cryptocurrency traders. While a lot of investors have withdrawn their funds, a few others are weeping over the intense damages and losses they are left with.
2018-11-4 22:55 | |
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Former US Congressman Ron Paul believes that tax-free cryptocurrencies may help navigate the economy past recession. Paul, the consummate libertarian and eternal critic of the Federal Reserve, believes that the abolition of crypto taxes may help avoid a crisis similar to 2008’s recession.
2018-10-31 04:00 | |
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On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation.
2018-10-27 20:34 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Japanese Government Working to Simplify Cryptocurrency Tax Filings Japanese tax authorities are not leaving anything to chance – as cryptocurrency investments continue to rise in the country – they are now seeking ways to ensure taxes from crypto investments are duly recorded and collected.
2018-10-18 20:23 | |
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In continuation of President Trump’s protectionist laws, Chinese goods are taxed steeply when imported into the US. The latest victim of this economic policy has been crypto mining gear manufactured in China, by the world’s number one mining hardware manufacturer Bitmain.
2018-10-17 21:56 | |
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The crypto world seems to be on a different planet to the regular banking world. The companies behind the various digital currencies and their products are almost out of a futuristic science fiction movie.
2018-10-11 13:00 | |
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While cryptocurrencies witness breakthroughs with each passing day, some of the challenges being faced by the underlying blockchain technology cannot be overlooked. One such major obstacle is the issue of scalability.
2018-10-10 19:00 | |
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Cryptocurrency investors in Israel can heave a sigh of relief as the government looks for alternative and more transparent ways to calculate taxes for the industry which will lead to “real tax calculation.
2018-10-10 00:11 | |
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What Is CryptoTrader. Tax? CryptoTrader. Tax is a cryptocurrency tool that helps in calculating gains, importing trade, simplifying preparation, and reporting of taxes. Initially, it was nearly impossible for high-level crypto traders to calculate their taxable trade incomes since it would take a lot of time especially if done manually.
2018-10-9 10:21 | |
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The Israel Tax Authority will not use the FIFO method in taxing cryptocurrency earnings, effectively reducing taxes on digital assets by 50%.
2018-10-8 19:33 | |
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The old saying about Death and Taxes is not quite accurate when it comes to cryptocurrencies. The Internal Revenue Service may seem as implacable as the specter of mortality, but at least the Grim Reaper is upfront about the price.
2018-9-25 21:20 | |
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In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes.
2018-9-21 23:35 | |
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U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.
2018-9-20 17:06 | |
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Boris Johnson Calls For Tax Cuts On Capital Gains Boris Johnson, a State Secretary in the United Kingdom, has called for a Trump-style tax cuts on income taxes and capital gains. He followed the promise that Trump made on his campaign to cut taxes by $1.5 trillion as a way to add fuel to the […]
2018-9-11 03:31 | |
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Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix.
2018-9-11 16:58 | |
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After a hard day of reporting, there’s nothing Crypto Briefing writers love more than unlacing our Adidas™ trainers and sitting down with a refreshing Coca-Cola™ to enjoy the latest premium entertainments from Electronic Arts™.
2018-9-7 23:58 | |
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Colombia president Ivan Duque has promised to relieve crypto and blockchain startups from taxes.
2018-9-4 08:47 | |
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The number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year.
2018-9-2 14:55 | |
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The recent trend of events seem to suggest a general acceptance for cryptocurrency in many countries. Colombia has also joined in the quest to make the environment favourable for cryptocurrency and blockchain industry by cutting down rent taxes for crypto companies in the country.
2018-9-1 03:05 | |
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Countries Which Do Not Tax Virtual Assets Which countries do not levy taxes on cryptos? In case you have made some returns on the crypto market, you may be wondering how much tax you have to pay as a result of your earnings.
2018-8-20 20:33 | |
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The South African Revenue Service is currently working to improve the way it tracks cryptocurrency traders and their transactions to determine if they are paying taxes. The service’s commissioner stated that the agency is looking to explore ways to identify parties that are profiting from trading digital assets to see if they are evading taxation. […]
2018-8-20 10:15 | |
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The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation.
2018-8-19 17:40 | |
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Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings.
2018-8-18 22:30 | |
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BearTax, found online at Bear. tax, aims to be the leading tax filing service for crypto users. Find out how it works today in our review. What Is BearTax? BearTax lets you calculate and file crypto taxes.
2018-8-14 12:21 | |
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Capital gains on crypto transactions are easy to track, one at a time. What about when there are thousands?Cryptocurrency capital gains taxes are becoming a point of interest for governments.
2018-7-31 20:04 | |
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Cryptocurrency exchanges in South Korea may soon lose eligibility for significant tax benefits currently granted to smaller companies. A proposed revision to the existing tax law, announced by the South Korean government on Monday, would exclude crypto exchanges from the category of startups or small and medium enterprises (SMEs) that can claim a tax cut
2018-7-30 16:02 | |
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The IRS recently warned that virtual currency transactions are taxable by law and that people who fail to report their cryptocurrency income, file cryptocurrency late, or file crypto taxes improperly may incur penalties and interest.
2018-7-29 22:59 | |
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For the time being, cryptocurrency miners and coin owners in Russia will have to pay taxes in accordance with the general law provisions.
2018-7-19 13:44 | |
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Recently, the Australia Tax Office [ATO] has moved its attention to the taxes applicable in the digital assets space. As a result, it will extend its tax obligations on crypto holders as well. The authority has decided to catch the tax non-payers via its latest techniques in data matching. ATO also plans to seek support from […]
2018-7-14 00:12 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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The Australia Tax Office (ATO) wants to do its job properly and is bent on collecting all taxes from its citizens. Even those tech-savvy bunch belonging to the crypto crowd won’t be able to escape its clutches as the agency will be using the latest in data matching techniques, as well as the cooperation of […] Australia Tax Office Says Investors Trading Cryptos Offshore Won’t Escape Tax Obligations was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-7-13 14:59 | |
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Australian Tax Authority will use bilateral data sharing agreements to collect taxes on cryptocurrency income.
2018-7-9 19:37 | |
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Here’s a brief guide on taxes for crypto users in the U.S., Switzerland, Japan and other major markets
2018-7-7 00:00 | |
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The President of Uzbekistan has signed a decree on the development and integration of blockchain technology, cryptoassets, and crypto mining with the goal of modernizing the state administration system and advancing digital economics in the country.
2018-7-5 05:41 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Cryptocurrency exchange users will now be able to have their taxes done instantly as TurboTax announced on January 4, 2019, that they will be partnering with CoinsTax to offer this service. Paying Their Dues It would seem that on a daily basis, progress is made in getting a framework set up for cryptocurrency taxation.