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Tag: TaxBit

IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

"Some of those boxes relate to economic activity such as kiosks or payment processors, while others are customer-relationship based such as hosted or unhosted...

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2023 Guide to Cryptocurrency Taxes

While crypto taxes can be complicated, the key principles are not. Fix these ideas in your head: Taxable events: Selling crypto. Trading crypto. Buying stuff with crypto. Receiving crypto...

Crypto Tax Software: The Easiest Way to Manage Your Tax Reports

Whether you’re a Bitcoin beginner or a crypto trading veteran of many cycles, crypto tax software is the easiest way to handle...

Best Crypto Tax Software, Rated and Reviewed for 2023

Cointracker 4.5CoinTracker syncs all information from your crypto portfolios and uses the data to create tax forms to file your returns.Read our review TaxBit 4.0TaxBit...

Why the IRS Has an Interest in the FTX Bankruptcy Case

Of all the crypto bankruptcies over the past year, the FTX Chapter 11 proceeding is the only one that’s had a Department of Justice...

The Latest in Crypto Hiring: PayPal, Crypto.com Add to Digital Assets Headcount

hiring

PayPal brought aboard specialists to establish a crypto advisory council

The post The Latest in Crypto Hiring: PayPal, Crypto.com Add to Digital Assets Headcount appeared first on Blockworks.

Reflecting on Coinbase Ventures’ record year in 2021

Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey, Ryan Yi & Justin Mart.2021 was...

Policy Scoop with Aislinn Keely: Crypto tax experts dig into the infrastructure bill’s impact

In this week's Policy Scoop, The Block's Aislinn Keely dives into the current landscape of crypto tax reporting with TaxBit.

The post Policy Scoop with Aislinn Keely: Crypto tax experts dig into the infrastructure bill’s impact appeared first on The Block.

How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022

Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital...

TaxBit Secures $130M via Series B at $1.33B Valuation to Transform Outdated, Legacy Tax Information Reporting

TaxBit has raised $130 million in capital through a Series B round at a $1.33 billion valuation in order to “disrupt” legacy tax...

Crypto Tax USA — How the IRS, Exchanges and Services Work Together

The United States recently reached Tax Day. While always a daunting deadline,for crypto traders the recent changes in tax requirements for cryptocurrencies...

Weekly Report: Bitcoin and Ether ETFs make headlines

From crypto ETF products to stable coins, here are the leading stories you might…

The post Weekly Report: Bitcoin and Ether ETFs make headlines appeared first on Coin Journal.

IRS reveals its plans to seize cryptocurrencies held by tax evaders.

The U.S. Internal Revenue Service (IRS) has revealed its plans to seize citizens’ crypto assets in order to settle unpaid taxes. Agency official Robert Wearing made the announcement earlier this week while addressing a virtual conference. The IRS will seize cryptocurrencies and attempt to follow its usual procedures to sell them and use them to satisfy collection. This […]

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