Taxes On Restricted Crypto And Options Can Be Confusing: Expert Take
So, you’ve got an option in crypto. How would it be taxed? Go to Source Powered by WPeMatico
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Azerbaijan’s Taxes Ministry Says Crypto Revenue Is Subject To Taxation
Azerbaijan’s Taxes Ministry has announced that it considers cryptocurrency trading to be a taxable event Go to Source Powered by WPeMatico
This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification
A few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on … Read more
Biggest Crypto Tax Debate Is Not What You Think: Expert Take
So, is claiming 1031 treatment for cryptocurrency trades for the past smart or stupid? #EXPERT_TAKE Go to Source Powered by WPeMatico
Bitcoin Cash Smashes Through $1,000 USD
Bitcoin cash (BCH) is now trading at $1,000 USD, returning the price to levels not seen since late March of this year. Analysts have attributed the spike to after-tax-season liquidity, strong volume, and a passionate and active community supporting the project. Also read: Bitcoin Cash Gains Advance 4% Above BTC Bitcoin Cash Smashes Through $1,000 The … Read more
Crypto Investor Reportedly Hacked For $2 Mln On Live Stream, Internet Calls Foul
Well-known crypto advisor and investor reports a $2 mln hack during a live stream, Twitter and Reddit users take it upon themselves to investigate the claim. #NEWS Go to Source Powered by WPeMatico
Tax Time is Here and Lots of Cryptocurrency Holders Don’t Care
In the U.S. tax season has arrived and many American cryptocurrency proponents are squirming because they have to pay for some of the gains they made last year. However, there are a lot of digital currency holders who could care less about taxes and they strongly believe that taxation is antithetical to cryptocurrencies. While there … Read more
US Tax Filing Service Says 0.04% Of Users Reported Crypto To IRS As Deadline Nears
As tax day in the US approaches, a tax filing service reports that less than 100 out of 250K customers have included crypto in capital gains filings #NEWS Go to Source Powered by WPeMatico
Don’t Overlook the FBAR Requirement When Filing Cryptocurrency Taxes
With tax season upon us, cryptocurrency enthusiasts have a lot to take into account. For one thing, it seems there are some details which most people may not be aware of. Failing to comply with these requirements can lead to a jail sentence, though, so it’s important to keep these things in mind at all times. … Read more
US DOJ Accuses Listings Site Backpage Of Laundering Millions In Crypto
Backpage indicted on 93 counts, including laundering $500+ mln in “prostitution-related revenue,” via crypto and other routes. #NEWS Go to Source Powered by WPeMatico
