Taxes

5 Cryptocurrency Tax Questions to Ask on April 15th

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address ...

US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline

Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reportin...

Blockchain Adoption Is Not a Priority for Finance Executives, KPMG Poll Shows

Most tax and finance executives do not consider adopting blockchain technology, according to a recent survey conducted by Big F...

Crypto Tax Software CryptoTrader.Tax Integrates With TurboTax

Cryptocurrency-focused tax software CryptoTrader.Tax has integrated with leading American tax software Intuit TurboTax, accordi...

Short-Term Crypto Losses Surged Fivefold in 1st Month of 2019: Credit Karma Tax

The amount of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged more than fivefo...

How Crypto Is Taxed in the US: A Taxpayer’s Dilemma

Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments...
April 2, 2019
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Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin

The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cry...

Canada Revenue Agency Auditing Crypto Investors

The Canada Revenue Agency (CRA), the government’s tax collection service, is reportedly auditing investors in cryptocurrencies ...

Ernst & Young Introduces Tax Tool for Reporting Cryptocurrencies

Big Four auditing and professional services firm Ernst & Young EY) has launched a tool for accounting and preparing taxes o...

California Bill Would Legalize Crypto for Tax Payments From Cannabis-Related Businesses

Lawmakers in the United States state of California have introduced a bill to allow cannabis-related business to pay fees and ta...