Taxes – Page 63 – DIGIT INFO

Short-Term Crypto Losses Surged Fivefold in 1st Month of 2019: Credit Karma Tax

The amount of tax filers that reported short-term crypto losses in the first month of 2019 surged fivefold over the same period in 2018

Go to Source

How Crypto Is Taxed in the US: A Taxpayer’s Dilemma

Facing the deadline to report their taxes by April 15, 2019, United States individual taxpayers may wonder what their U.S. tax reporting obligations are for crypto

Go to Source

Canada: Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin

The Canadian town of Innisfil is piloting a service that would allow residents to pay property taxes in Bitcoin

Go to Source

This Short Animation Might Make You Think Twice About Taxes

This Short Animation Might Make You Think Twice About Taxes A Bitcoin Cash (BCH) supporter recently noted that the biggest hindrance to cryptocurrency adoption is tax laws and reporting taxes on digital currency usage. After reading the commentary, Bitcoin.com CEO Roger Ver shared a four-minute video about the subject of taxes in order to spark questions in the minds of people who might not understand […]

The post This Short Animation Might Make You Think Twice About Taxes appeared first on Bitcoin News.

Go to Source

Report: Canada Revenue Agency Auditing Crypto Investors

The Canada Revenue Agency is reportedly auditing crypto investors, sending them lengthy questionnaires regarding the nature of their holdings

Go to Source

Ernst & Young Introduces Tax Tool for Reporting Cryptocurrencies

Ernst & Young has launched a new product for accounting and tax reporting on crypto assets

Go to Source

California Bill Would Legalize Crypto for Tax Payments From Cannabis-Related Businesses

A new bill in the California State Assembly would allow tax payments from cannabis-related businesses in stablecoins

Go to Source

Platform for Crypto Payments to Bank Accounts Launching in the UK

Platform for Crypto Payments to Bank Accounts Launching in the UK A company based in London has announced it’s launching a payment service that can help increase the mainstream adoption of cryptocurrencies. It allows users to send or spend digital coins which are converted and then transferred in the form of fiat money to the recipient’s bank account. Also read: ‘Bitcoin to the Moon’ Signs Appear […]