Tax

Payments

Arizona Lawmakers Strip Crypto Mentions From Tax Payments Bill

Arizona Senate Bill 1091 has been passed by the House and Senate - but no longer mentions cryptocurrencies anywhere.

Policy & regulation  ·  4 May 2018
Regulation

‘Belligerent’ Crypto Miners Prompt Power Utility to Beef Up Security

Chelan County's Public Utilities District is enacting new security measures to protect employees from bitcoin miners.

Policy & regulation  ·  3 May 2018
Legal

Arizona’s Bid to Accept Crypto for Taxes Suffers Setback

Arizona's crypto tax bill no longer enables the Department of Revenue to collect taxes in cryptocurrency, but rather directs it to conduct a study.

Policy & regulation  ·  3 May 2018
Europe

France Is Cutting the Tax Rate for Retail Crypto Traders

France is about to offer relief to amateur cryptocurrency investors, after a ruling by the country's Council of State.

Policy & regulation  ·  27 April 2018
Bitcoin

Arizona’s Crypto Tax Payments Bill Clears Hurdle

Arizona's revamped cryptocurrency tax bill was approved by a key committee on Monday.

Policy & regulation  ·  24 April 2018
IRS

Crypto Hedge Funds Face Tough Choices on Tax Day

Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.

Policy & regulation  ·  17 April 2018
IRS

Why the IRS Should Treat Crypto as a New Asset Class

Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.

Policy & regulation  ·  17 April 2018
IRS

What ICO Issuers and Investors Need to Know About Taxes

There is little guidance from the IRS on how to treat a token offering or SAFT for tax purposes. Determining how to do so is a fact-intensive process.

Markets  ·  16 April 2018
IRS

What If You Can’t Pay Taxes on Your Crypto Gains?

Crypto holders willing to take a risk can file an extension, pay their taxes in installments with penalties and interest, and possibly come out ahead.

Policy & regulation  ·  16 April 2018
IRS

Crypto Tax Dodgers Are Tempting Fate

The ways governments tax cryptocurrency users may be unjust and due for reform, but simply ignoring the law for this reason is a dicey proposition. 

Policy & regulation  ·  16 April 2018
Legal

A Bitcoin Rally After Tax Day? Don’t Bet the Farm On It

There are several reasons to discount the contribution of tax-related selling to the Q1 bear market – and thus the chances of a post-April 17 rebound.

Policy & regulation  ·  16 April 2018
IRS

A Hobbyist Crypto Trader’s Life in Tax Hell

The spreadsheet got more and more complicated, until one day it took two minutes to load.

Policy & regulation  ·  15 April 2018
Bitcoin

Credit Karma: Almost No One Is Reporting Crypto Tax Gains

Tax firm Credit Karma reported that less than 1 in 250 users reported cryptocurrency gains or losses on their tax forms.

Policy & regulation  ·  13 April 2018
Regulation

Crypto Tax Support Is Coming Slowly to India

A partnership finds two India-based startups seeking to provide tools to crypto users who may need to report gains and losses on their 2018 taxes.

Policy & regulation  ·  11 April 2018
IRS

What You Don’t Know About Crypto Taxes Can Hurt You

There has been no new cryptocurrency tax guidance from the IRS since 2014. Consequently, few investors fully understand how to treat 2017 gains.

Policy & regulation  ·  10 April 2018