A top Coinbase tax executive suggested the IRS isn't ready for the flood of tax reporting about to come in, even as many ...
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...
The Treasury Department and Internal Revenue Service delivered interim guidance that would hand companies with large crypto ...
The basics of reporting digital assets, including crypto, on your taxes. Credit: Mashable composite; RomanR, Ja Crispy / Shutterstock.com If you've been dabbling in digital assets, you may be tempted ...
Crypto exchange will soon be required to report trading activity for its users to the IRS. Stemming from the bi-partisan Infrastructure Investment and Jobs Act (IIJA) — the IRS and the U.S. Treasury ...
The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season and ...
The U.S. Internal Revenue Service (IRS) has unveiled an updated draft of the 1099-DA tax form, which crypto brokers and investors will use to report certain transactions. The revised version, set to ...
The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting. The Chamber of ...
Learn how to deduct crypto accounting software costs on taxes. Explore IRS rules, business vs. personal use, eligibility, ...
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Why Borrowing, Not Selling, Is the Secret Tool Crypto Whales Use to Legally Minimize Taxes
Crypto whales avoid triggering taxable events by borrowing against their holdings instead of selling them. Selling large amounts of Bitcoin or Ether could expose whales ...
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