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Colorado’s Governor Announces the State Will Accept Crypto Payments for Taxes, Joins ETHDenver to Deliver Keynote, Support Blockchain Hackathons
As ETHDenver, one of the largest gatherings of the Ethereum blockchain community gets underway in Denver, Christine Lee sits down with Gov. Jared Polis (D-Colorado) for a wide-ranging discussion about the state’s blockchain initiatives.
Venmo, PayPal, Cash App Must Report Payments of $600 or More to the IRS
New year, new tax requirements. The Internal Revenue Service (IRS) is cracking down on payments received through third-party apps like Venmo, PayPal and Cash App to ensure those using these networks are paying their fair share of taxes. These platforms, coincidentally, also allow crypto purchases. "The Hash" crew discusses the issues of regulation, consumer privacy and impact on small businesses.
Can a Bitcoin Mining Business Reduce Your Taxes?
Don Vo, CEO of VBit Technologies talks bitcoin mining and taxes, explaining what goes into at-home bitcoin mining, and how it's akin to running your own business with tax-deductible expenses. Plus, a discussion of how U.S.-mined bitcoin might be increasingly attractive to investors concerned with ethical and sustainable crypto mining.
