Tag: taxes
Tezos Stakers File Lawsuit Against IRS Over Taxes
The Jarretts argue that staking rewards should be taxed as property, not income. The IRS’s current approach may result in over taxation and limit crypto…
Japan’s FSA Set to Reclassify Crypto in Rule Review
Japan’s FSA may reclassify cryptocurrency as financial instruments. Current crypto taxes could be reduced from 55% to 20% if shifts are made. According to Bloomberg,…
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 of…
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 to…
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 sold…
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 in…
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 prices…
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 taxes…
