Russian ministry proposes criminal charges for failure to report crypto tax
To ban crypto or to tax, that seems to be the question. Go to Source Powered by WPeMatico
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Illicit crypto transactions are getting more attention from the government
The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity. Go to Source Powered by WPeMatico
Law Decoded: Governments vs. blockchain privacy, Sept. 4-11
Taking account of more aggressive crypto tracking measures and what they mean for future government adoption of blockchain. Go to Source Powered by WPeMatico
Targeted by IRS? What Cryptocurrency Owners Should Know
The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news.Bitcoin.com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit. How to Deal With IRS Letters The IRS has ramped … Read more
IRS doubles down, investing another quarter million dollars into tracking crypto transactions
A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right. Go to Source Powered by WPeMatico
European crypto tax firms merge in bid to expand to North American markets
Another crypto merger targets tax reporting. Go to Source Powered by WPeMatico
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
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 … Read more
‘Crypto Valley’ residents can now pay taxes in Bitcoin
Authorities in the canton of Zug now embrace cryptocurrency for tax settlement. Go to Source Powered by WPeMatico
The IRS wants to tax every penny of your crypto, US government memorandum says
That will be confusing for some, and unsurprising for others. Go to Source Powered by WPeMatico
IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
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 … Read more
