Now is the time to look beyond your own income-producing activities and look to your children’s crypto as well.
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Now is the time to look beyond your own income-producing activities and look to your children’s crypto as well.
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The taxman still isn’t wise to cryptocurrency earnings made through proof-of-stake. But that could change soon.
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Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.
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After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders.
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Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit.
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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.
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The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official. First proposed in August 2020, the digital service tax (DST) came into force on […]
The post Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force appeared first on Bitcoin News.
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A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear
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