🏦 Coinbase tells IRS it has 'serious concerns' about proposed tax rules
Related Articles About: 🏦 Coinbase tells IRS it has 'serious concerns' about proposed tax rules
Frequently asked questions on virtual currency transactions - IRS
Note: Except as otherwise noted, these FAQs apply only to taxpayers who hold virtual currency as a capital asset. For more information on the definition of a ... (read more)
Coinbase Criticizes Proposed Digital Asset Regs | Tax Notes
... IRS do not appear to have given serious consideration to rules accommodating blockchain technology. Coinbase is standing by and would be happy to work with ... (read more)
Digital assets | Internal Revenue Service
Jul 19, 2024 ... You may have to report transactions with digital assets such as cryptocurrency and non-fungible tokens (NFTs) on your tax return. Income from digital assets is ... (read more)
What's new in U.S. crypto tax regulation? A guide to crypto's ...
This layer of reporting helps the IRS tax you accurately on money you've made, as the laws apply. Currently, when you buy or sell crypto using your Coinbase app ... (read more)
NTA Blog: New Virtual Currency Question on 2020 Form 1040? - TAS
Mar 3, 2021 ... Make sure you familiarize yourself with the rules or seek the advice of a tax professional. ... IRS's definitions for tax are not identical with ... (read more)
Tax forms, explained: A guide to U.S. tax forms and crypto reports ...
... Coinbase won't report your gains or losses to the IRS. Here's a quick rundown of what you'll see: For each transaction for which we have a record, Coinbase ... (read more)
Virtual Currency Businesses - Licensing and Resources ...
Since then under that “BitLicense” regulation or the limited purpose trust company provisions of the New York Banking Law, DFS has granted numerous virtual ... (read more)
Office of Public Affairs | Binance and CEO Plead Guilty to Federal ...
Nov 21, 2023 ... The message here should be clear: using new technology to break the law does not make you a disruptor, it makes you a criminal.” “Binance turned ... (read more)
Crypto Scam Tracker | The Department of Financial Protection and ...
Aug 29, 2024 ... ... was denied access until he paid a “2961 IRS tax.” The victim ... was told he had violated company rules. He got a message saying the ... (read more)
Crypto Poses Significant Tax Problems—and They Could Get Worse
Jul 5, 2023 ... Tax systems need updating to cope with crypto assets, whose anonymity and decentralized nature poses challenges—not least for the value added ... (read more)