Last Updated on July 20, 2023 by Paganoto
Virtual Currencies – Internal Revenue Service
Virtual Currencies – Internal Revenue Service
Review IRS tax guidance related to individual and business transactions using virtual currencies, such as Bitcoins or other similar currencies.
Frequently Asked Questions on Virtual Currency Transactions
Frequently Asked Questions on Virtual Currency Transactions
938PDF, explaining that virtual currency is treated as property for Federal income tax purposes and providing examples of how longstanding tax principles …
Coinbase S-1 – SEC.gov
Coinbase S-1 – SEC.gov
Further, the listing of our Class A common stock on the Nasdaq Global Select Market without underwriters is a novel method for commencing public trading in …
Common Issues Encountered in Crypto Tax Compliance
Common Issues Encountered in Crypto Tax Compliance
Cryptocurrency taxation is complicated, and compliance isn’t helped by the lack of regulatory guidance. David Kemmerer of CryptoTrader.
How Should You Report Your Lost or Stolen Cryptocurrency …
How Should You Report Your Lost or Stolen Cryptocurrency …
Casualty or theft losses are not the currently preferred methods of reporting a transaction, however, because under the 2017 tax act, for tax …
Net Gains (Losses) from the Sale, Exchange, or Disposition of …
Net Gains (Losses) from the Sale, Exchange, or Disposition of …
However, in such situations, the transaction will show the sales price and basis as the same amount for Pennsylvania personal income tax purposes. Nonresident …
The Economics of Cryptocurrencies – Bitcoin and Beyond
The Economics of Cryptocurrencies – Bitcoin and Beyond
by J Chiu · Cited by 305 — Bitcoin uses both currency growth and transaction fees to generate rewards for mining. In its current form, the cryptocurrency reward structure is too generous …
Cryptocurrency and the Wash Sale Rule: A Tax Loophole That …
Cryptocurrency and the Wash Sale Rule: A Tax Loophole That …
The IRS classifies virtual currencies like Bitcoin, Ethereum, Dogecoin or even Shiba Inu as property. This means crypto investors are subject to …
Cryptocurrency Taxes: A Guide To Tax Rules For Bitcoin …
Cryptocurrency Taxes: A Guide To Tax Rules For Bitcoin …
With the staggering rise in some cryptocurrencies such as Bitcoin and Ethereum, crypto traders and enthusiasts may have serious tax …
Crypto traders want payback after losing millions to Binance …
Crypto traders want payback after losing millions to Binance …
Traders are teaming up to take legal action against the crypto exchange, but they face an uphill battle. Image: Sable Martin at her home in …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.