#Blockchain IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings Posted on by Startup365 The U.S.Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns.It has a section that requires them to answer whether they have received, sold, sent,…
Crypto Hard Forks
The Essential Guide To Diversify Your Cryptocurrency Portfolio
The success or downfall of your cryptocurrency portfolio may be hinged on your diversification strategy.Portfolio diversification is an art you need to master before putting your capital at risk.Why diversify a cryptocurrency portfolio? Putting all your eggs in one basket could be dangerous and expose you to a high level of risk.Diversifying your portfolio helps…
IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
2019-10-12 The U.S.Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns.It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year. Also read: IRS…
IRS Releases First Crypto Tax Guidance In 5 Years
IRS Releases First Crypto Tax Guidance In 5 Years Article Friday, October 11, 2019 IRS Releases First Crypto Tax Guidance In 5 Years On October 9, the IRS finally released additional guidance on cryptocurrency (see Rev.Rul.2019-24 ) – their first update on the topic since 2014.At first glance, the guidance doesn’t seem to demand a…
Bitcoin’s Existential Risks; New Crypto Tax Rules
Share to twitter Share to linkedin Get Forbes’ top crypto and blockchain stories delivered to your inbox every Friday for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption.The Unicef blockchain team prepares to announced the Unicef Crypto Fund at Devcon 5 in Kyoto, Japan.UNICEF UNICEF DEPLOYS NEW BLOCKCHAIN FUND Unicef announced…
Tax Guide: What Crypto Owners Should Know
6.0.1.0.2 Kevin Helms Know How Your Government Taxes Crypto Each country, state, or even city has its own set of rules when it comes to determining which crypto transactions are taxable.However, few have clear guidelines as cryptocurrency is still a nascent area for governments to tackle. The U.S., for example, first released guidance for crypto…
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In – The Bitcoin News
The U.S.Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies.It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. Also read: 10 Tax Tools to Help…
New IRS guidance on crypto raises fresh questions, legal experts say
New IRS guidance on crypto raises fresh questions, legal experts say The IRS released long-awaited tax guidance on hard forks for crypto assets today.But the mechanics of the technology that underpins cryptocurrency means that the agency’s attempt to clarify matters has elicited more questions than answers. The IRS guidance states that a hard fork is…
Latest cryptocurrency news and prices, 10 October 2019
Bitcoin’s has rallied back above a key support, taking the altcoin markets along on the ride.Here are your latest cryptocurrency news and prices.in Cryptocurrencies By Worldspectrum from Pexels Bitcoin’s price has rallied yet again, spiking by $400 yesterday, while the majority of the altcoin markets have followed in sync with BTC.Here are your latest cryptocurrency…
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
The U.S.Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies.It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. Also read: 10 Tax Tools to Help…