Koinly is an online platform for calculating your crypto taxes and tracking your portfolio. As it supports more than 100 countries, Koinly allows people from all around the world to generate their crypto tax reports. Crypto taxes have become a hot topic recently, with the IRS, HMRC, and other tax authorities cracking down on crypto […]
Cryptocurrencies are becoming increasingly mainstream in Ireland, as more and more cash-rich investors look at cryptocurrencies like Bitcoin and Ethereum as a viable...
The Internal Revenue Service just issued more guidance on the taxation of cryptocurrencies. The guidance comes in the form of Revenue Ruling 2019-24...
The IRS has confirmed that it has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and...
Reading Time: 11minutes What follows is the content from a comment letter submitted to the SEC in response to questions and concerns regarding Bitcoin’s value. The comment letter can be viewed in its entirety here but the content is copied below. The Value of Bitcoin Bitcoin is often described as digital money. However, given that reasonable people may disagree as […]