Tag: taxes

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Rick Nott Provides His Thoughts on Crypto

Rick Nott – a CFA, CFP, and senior wealth advisor at Lourd Murray – recently had a few things to say about the world...

Mendoza, Argentina Will Permit Crypto Tax Payments

Mendoza – a province in the western region of Argentina and the fifth most populous area in the country – says it’s allowing residents...

Bitcoin Falls Following Crypto-Related Tax Sales

Bitcoin has hit another low point. The currency is trading for under $39,000, hitting what is arguably its lowest point this month. Bitcoin Is at...

Deducting Crypto Losses to Get a Tax Refund May Be Challenging, Accountant Says

The prolonged bear market of 2018 saw Bitcoin's price decline with about 75 percent through the year. Chances are that a lot of people...

John McAfee on IRS Charges, Will Run Presidential Campaign ‘In Exile’

Serial cryptocurrency entrepreneur and proponent John McAfee shared a video says that the IRS has convened a Grand Jury in the state of Tennessee...

Ohio to Allow Businesses to Pay Taxes with Bitcoin

The state of Ohio has reportedly become the first to allow taxes to be paid in Bitcoin. The move comes despite the digital currency's falling...

From $880k in Riches to $400k in Taxes: A Student’s Crypto Wild Ride

A student from the state of California might have found himself in an unpleasant, to say the least, situation, owing upwards of $400,000 in...

2018 Cryptocurrency Market Decline May Have Severe Tax Implications for US Taxpayers

The 2018 cryptocurrency price declines may push US-based investors into problems with the internal revenue service (IRS). Considering reports that indicate a low volume...

IRS can Expect up to $25bn in Bitcoin Capital Gains Taxes, Fundstrat Claims

American Bitcoin enthusiasts won't be pleased to hear tax season is on the horizon again. A lot of holders are struggling to file capital...

Georgia State Officials Propose Using Bitcoin to pay Taxes

Various states in the US are taking a closer look at Bitcoin. Not just in terms of regulation, but also as a potential payment...

Toronto City Councilor Proposes Idea of Using Bitcoin for Property Taxes

Using Bitcoin is still a very problematic venture in most parts of the world. Very few regular purchases or bills can be paid with...

Bitcoin Fails to Gain Enough Support in New Hampshire, Fight to Continue

It is still not possible to pay taxes with bitcoin in the State of New Hampshire. To the disappointment of those who were looking...