Powered by WPeMatico
Category: tax cryptocurrency
Auto Added by WPeMatico
IRS Updates Tax Requirements for Cryptocurrency Owners
The U.S. Internal Revenue Service (IRS) has updated its instructions for disclosing crypto activities. The update provides clarification on who must answer “yes” to the IRS’ crypto question and when it is appropriate to select “no” as the answer. IRS Publishes New Crypto Tax Filing Instructions The IRS published updated instructions for Form 1040 on […]
The post IRS Updates Tax Requirements for Cryptocurrency Owners appeared first on Bitcoin News.
Powered by WPeMatico
Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners
The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite the coronavirus crisis Spain is facing. […]
The post Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners appeared first on Bitcoin News.
Powered by WPeMatico