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Tag: Crypto Tax

Cryptocurrency Lender Nexo Takes $3 Billion Arbitration Claim Against Bulgaria

Cryptocurrency lender Nexo is seeking $3 billion in damages through arbitration against Bulgaria, alleging wrongful investigations and subsequent charges were politically...

Did You Forget to Pay Crypto Taxes? IRS Is Letting You Off the Hook—Kinda – Decrypt

Millions of Americans who have yet to pay their taxes for 2020 or 2021 are now set to receive relief from the IRS—and if...

New U.S. Law on Crypto Tax Reporting Comes into Force – CryptoCurrencyWire

A new tax legislation, the Infrastructure Investment & Jobs Act, ratified in late 2021, now requires individuals or businesses obtaining at least $10,000 in...

Mysterious User Sent 1.2 Million In Bitcoin To Satoshi’s Wallet As ETF Approval Gets Closer

Advertisement &nbsp &nbsp An unidentified Bitcoiner mysteriously sent an unusually large sum of 27 BTC — worth roughly $1.2 million — to a wallet...

Report Crypto Trades Over $10K to IRS or Face Jail? It’s Complicated – Decrypt

The opening days of 2024 have seen a resounding call echo across the far reaches of the cryptosphere: The IRS is coming! The IRS...

Crypto Community Up in Arms Over IRS Reporting

In the deregulated symphony that is the crypto world, a dissonant note struck when the IRS decided to call a new tune. The crypto community,...

New Crypto Tax Law That’s ‘Impossible To Comply With’ Now in Effect, Says Coin Center – Here’s What It Is – The Daily Hodl

A prominent crypto advocacy group says that new crypto tax regulations have come into effect that are impossible to comply with. In a new press...

Crypto && Coffee 147

Crypto && Coffee 147January 3, 2024CipherTrace EngineeringTechnology Recap:BitcoinThe term "Bitcoin" can either refer to Bitcoin the network, ... More:Core developers started a working group around...

New IRS Rule Mandates Business Report Crypto Transfers Worth $10K+ – The Defiant

Businesses that fail to report receiving sums of at least $10,000 in crypto could face felony charges A sweeping new tax reporting rule targeting...

New IRS Rule Mandates Businesses Report Crypto Transfers Worth $10K+ – The Defiant

Businesses that fail to report receiving sums of at least $10,000 in crypto could face felony charges A sweeping new tax reporting rule targeting...

Navigating IRS Crypto Tax Reporting What Investors Need to Know

Disclaimer – Cryptocurrency investments come with high risks. This article aims to inform and does not offer investment advice. By using this platform,...

Crypto tax rules now require reporting of transactions over $10K

New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2.According to CoinCenter, those new...

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