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1099K – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 23 Feb 2020 06:15:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png 1099K – DIGIT INFO https://www.digit.info 32 32 How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus https://www.digit.info/how-the-irs-audits-cryptocurrency-tax-returns-filing-expert-shares-example-insights-on-aml-focus/ Sun, 23 Feb 2020 06:15:45 +0000 https://www.digit.info/2020/02/23/how-the-irs-audits-cryptocurrency-tax-returns-filing-expert-shares-example-insights-on-aml-focus/ Read more]]>

How the IRS Audits Cryptocurrency Tax Returns - Filing Expert Shares Example, Insights on AML FocusTax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things can get even stickier. News.Bitcoin.com recently talked with Clinton Donnelly of Donnelly Tax Law, a service that specializes in crypto returns. The U.S. Treasury-licensed Enrolled […]

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]]> Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes https://www.digit.info/gifting-bitcoin-is-one-way-a-person-can-avoid-paying-crypto-taxes/ Sat, 24 Feb 2018 11:30:45 +0000 https://www.digit.info/2018/02/24/gifting-bitcoin-is-one-way-a-person-can-avoid-paying-crypto-taxes/ Read more]]>

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-TaxesAfter the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, […]

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