Taxes – Page 40 – DIGIT INFO

U.S. law firm says IRS is coming after Coinbase users who evade taxes

Once an IRS investigation or audit is opened, it’s too late to make amends, warn tax lawyers.

How the IRS tracks down people who don’t report their crypto

The United States tax authority doesn’t seem to be very efficient when it comes to tracking down who owes crypto taxes — for now.

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Tax professional explains the most important thing for US crypto holders

Tax season is confusing, especially when it comes to crypto.

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Winklevoss’ Gemini exchange to count crypto taxes in real time

TaxBit’s tool will allow Gemini customers to increase their tax refund.

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Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike

Bitcoin Proponents Bemoan Joe Biden's Proposed Capital Gains Hike The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain income brackets. Two weeks ago, the […]

The post Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike appeared first on Bitcoin News.

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Fool’s gold? Peter Schiff’s bank under investigation in tax evasion probe

Does an extortion attempt from Russian hackers explain Schiff’s hatred for Bitcoin?

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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations

Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya's New Regulations The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital marketplaces.” However, with oblique definitions on such key terms, […]