taxes

taxes

Policy

4 Crypto Tax Tips to Get You Through Market Dips

Harvesting your crypto losses during a dip generates greater tax savings than hodling, says a crypto tax expert.

IRS 1040 2020

Policy

Emmer, Congressional Blockchain Group Ask IRS to Revise Guidance on Charitable Crypto Donations

The lawmakers say the amount of a donation should depend on free market value, not an appraiser’s determination.

Rep. Tom Emmer

Markets

Denmark's Century-Old Tax Code to Get Crypto Facelift: Report

The ministry cites a risk of fraud and an increased number of tax filing errors as the catalyst for cracking down on crypto tax evasion.

Christiansborg, palace and government building, the seat of parliament, in central Copenhagen, capital of Denmark.

Markets

South Korea Plans to Tax Overseas Crypto Assets Starting in 2022: Report

Koreans will be required to pay tax when balances held with foreign virtual-asset businesses exceed 500 million won ($450,000).

Korean won

Policy

US Congressman Reintroduces Bill With Tax Protections for Investors With Forked Crypto Assets

The legislation would outlaw penalizing taxpayers until the IRS clarifies its policies.

U.S. Rep. Tom Emmer

Policy

IRS Will Seize Crypto Assets on Failure to Pay US Taxes: Official

Crypto is treated by the IRS as property for U.S. tax purposes and can be seized in the same way, an official said.

IRS

Policy

How to File Your Crypto Taxes (and Not Get Screwed)

Here are seven things you need to know about cryptocurrency taxes.

kelly-sikkema-8DEDp6S93Po-unsplash

Markets

What Would Biden’s Tax Hikes Mean for Bitcoin?

Tax hikes could encourage profit taking in cryptocurrencies, but some investors remain bullish as ongoing stimulus could trigger inflation.

President Joe Biden meets Monday with members of Congress on his infrastructure and jobs plan.

Policy

How to Minimize Your Crypto Taxes

Your tax strategy may be every bit as important as your investment strategy, say two crypto tax experts.

1040Mosh4