taxes

Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.

IRS Again Warns Crypto Investors They Under-Reported Gains
For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But it may be a false alarm again.

PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers
PayPal opening its network to cryptocurrencies could create a serious tax headache for users.

Coinbase Reportedly Warns Some UK Users It's Handing Their Details to the Taxman
U.K. users of the exchange who have received £5,000 or more in the past tax year will have their information passed to the tax authority.

US Lawmakers Don't Want Proof-of-Stake Networks to Get Overtaxed
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-stake networks are taxed, to prevent taxpayers from owing more than they should.

Crypto Taxes: Still Confused After All These Years
Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled.

Swiss Government Makes Moves to Encourage Crypto Businesses
The Swiss government is making key legislative changes to financial laws to improve legal conditions for blockchain businesses.

IRS Solicits Contractors to Help Examine Crypto Traders' Tax Returns
The IRS is emailing crypto startups with an offer to "assist our Revenue Agents in calculating taxpayers' gains or losses as a result of their transactions involving virtual currency."

Singapore Won't Tax Airdrops or Hard Forks Under New Crypto Guidance
Singapore’s tax authority has clarified how it taxes the transaction of payment, utility and security tokens.

BitGo Cements Hold on Institutional Market With Lumina Acquisition
BitGo is expanding aggressively out of its core custodial business, announcing Thursday it acquired Lumina to build a tax service.

