How The New Tax Bill Effects Crypto

Last Updated on March 17, 2023 by Paganoto

How the New Tax Law Impacts Cryptocurrencies – Investopedia

The new law allows a deduction of up to 20% of pass-through income, limited to 50% of wages paid by the entity or 25% of wages plus 2.5% of the unadjusted basis …

Two Things Crypto Investors Should Know About the … – TIME

While the IRS considered cryptocurrency taxable property before the new legislation, the defined reporting requirements raise the stakes for …

Crypto Bill's Tax Measures Answer Many of Industry's Demands

Tax measures included in a sweeping US crypto bill introduced this week would go a long way toward clarifying how the IRS treats digital …

How Taxing Crypto Got Changed by Biden's Infrastructure Law

Embedded in the infrastructure spending package signed into law by U.S. President Joe Biden was language increasing the tax reporting …

How bipartisan infrastructure bill will impact crypto investors

The legislation includes tax reporting provisions that apply to digital assets like cryptocurrency and nonfungible tokens, or NFTs.

Senate infrastructure bill cracks down on crypto tax reporting

The new proposal may require cryptocurrency brokers to report purchase and sales prices, making it easier for the IRS to track profits, …

New Crypto Tax Reporting Requirements in the 2021 …

In the past, cryptocurrency exchanges have not been required to report any information about gains or losses to the IRS, or to their customers. …

How the 2021 Infrastructure Bill Impacts Crypto Taxes

What’s changing with cryptocurrency tax law? Technically, crypto tax rates are not going up. However, the federal government is trying to take …

Congress must clarify how the infrastructure bill will impact …

Congress must clarify how the infrastructure bill will impact cryptocurrency. Christopher Morton is COO of Cognito. The $1 trillion U.S. …

House Sends Infrastructure Bill With Crypto Tax Provision to …

The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.