It’s Taxes from A to Z. K is for Kin (Crypto).
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Coinbase Will Turn Over Court-Ordered Data
In the battle between the Internal Revenue Service (IRS) and Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum, Coinbase has announced that it has officially notified affected customers that it will comply with a court order.
Read MoreAsk The Taxgirl: Paying Your Taxes With Bitcoin
It’s “Ask The Taxgirl.” Today’s question: Can you pay your taxes with bitcoin?
Read MoreWhat You Need To Know About Crypto & Taxes
Cryptocurrency is riding high these days. But even as more investors are taking a chance on digital currency, many are still confused about how to treat it for federal income tax purposes. Here’s what you need to know
Read MoreIRS Wins Big In Bid For Coinbase Customer Data
The IRS has notched a win in its battle for data from Coinbase. The IRS may legally investigate Coinbase account holders who may not have paid federal taxes on their virtual currency profits, but the scope of the summons has been dramatically narrowed.
Read MoreIRS Responds To Privacy, Other Challenges In Bitcoin Records Fight
The federal government fired back last week as answered opposition to its ongoing court case between the Internal Revenue Service (IRS) and Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum.
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Bitcoin Fork Could Trigger Tax Bills
Technology has changed the way that we think about money. Next month, the way we think about money may change again following a potential shift in the blockchain world and that could cause tax headaches for some users.
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Anonymous Coinbase Customer Will Challenge IRS
“John Doe 4” has been granted the right to intervene in an ongoing court case between the Internal Revenue Service (IRS) and Coinbase. That gives the anonymous Coinbase customer the ability to contest the IRS’ efforts to identify and obtain Coinbase customer information.
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Is Cryptocurrency Like Bitcoin Income Tax-Free?
In 2014, the IRS issued controversial guidance stating that U.S. taxpayers should treat digital currencies as capital assets, provided those currencies are
convertible at some point into traditional cash.
Taxes From A To Z (2017): V Is For Virtual Currency
It’s Taxes From A to Z! V is for Virtual Currency.
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