Expert Take
With the market falling off a cliff, there will be big losses to claim on your taxes, right? Well, let’s break it down in detail.
Tips to claim tax losses with the US Internal Revenue Service - Expert Take
Things to know (and fear) about new IRS crypto tax reporting The new law redefines "cash" to include "any digital representation of value" including cryptocurrency, but in an anonymous system, is this going to work?
- Expert Take
The major tax myths about cryptocurrency debunked More crypto tax enforcement is coming, and many taxpayers are complying going forward, and amending prior returns if they have something to clean up.
- Expert Take
Get a passport, pay crypto, live tax-free? Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution.
- Expert Take
More IRS crypto reporting, more danger The U.S. authorities are becoming seriously interested in crypto, making unreported crypto more dangerous.
- Expert Take
More IRS summonses for crypto exchange account holders The recent John Doe summons developments indicate that the IRS is seriously interested in crypto — better to report than to be audited.
- New Year Special
Crypto taxes, reporting and tax audits in 2021 Just remember, the IRS is quite interested in crypto and is taking steps to unearth those who do not report.
- Expert Take
IRS Tax Warnings on Ethereum’s Fifth Anniversary Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now.
- Expert Take
Crypto Tax Disclosures Can Help With Internal Revenue Service Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk.
- Expert Take
Crypto Taxes Are Due July 15, but Be Careful — You May Need More Time The Internal Revenue Service has already changed its deadlines to July 15, so if you are not ready to file your crypto taxes in a month, you should ask for an extension.
- Expert Take
Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier.
- Expert Take
Non-Stimulus Tax Rules You’ll Need This Year In response to the coronavirus pandemic, the IRS is taking some important measures but taxpayers could be under threat.
- Expert Take
During Coronavirus Pandemic, IRS Cuts Taxpayers Some Much Needed Slack In response to the coronavirus pandemic, the Internal Revenue Service tries to help taxpayers to not lose this economic battle.
- Expert Take
IRS Delays Tax Day to July 15, Still Monitors Crypto In response to the COVID-19 pandemic, the Internal Revenue Service has delayed tax payment deadlines by 90 days, and later the date for filing returns has also been changed.
- Expert Take
IRS Crypto Tax Return Question — Be Careful How You Answer The Internal Revenue Service classifies crypto as property and now wants to know whether or not you acquired any financial interest from cryptocurrency in the last year.