The firm has partnered with a number of prominent blockchain industry names including ErisX, Lolli and Casa.
Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey.
No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry.
Uphold is launching a real-time tax liability dashboard with the help of TaxBit, allowing users to more easily understand and file their taxes.
The IRS will hold a summit to better inform its thinking around taxing cryptocurrencies next month.
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.
The chairman of the Global Blockchain Business Council is working with others on a way to add transparency and openness to taxes.
New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments.
Congressmen are again asking the IRS for clarity on its recent cryptocurrency tax guidance.
Lukka, one of the first accounting firms for digital assets, is offering tax preparation services to retail crypto investors starting on Jan. 15.
The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions.
Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect.
The IRS has begun contacting U.S. taxpayers, warning them about possible back taxes owed on their crypto holdings.
Accountants want to fill gaps in the U.S. GAAP when it comes to cryptocurrencies.
The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday.