A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right.
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A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right.
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Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims to “promote and simplify the use of cryptocurrencies in everyday life.” Pay Taxes With Bitcoin […]
The post Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year appeared first on Bitcoin News.
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Authorities in the canton of Zug now embrace cryptocurrency for tax settlement.
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The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com. IRS Sending New Warning Letters The IRS has started sending out a new round […]
The post IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners appeared first on Bitcoin News.
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The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact.
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The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired any cryptocurrencies. IRS Focuses on […]
The post IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form appeared first on Bitcoin News.
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Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency.
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Cointelegraph examines the basis of Congress calling out the IRS for threatening to tax proof-of-stake rewards beyond their actual value.
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