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Category Taxes

Bitcoin faces $240B demand shock as ‘surprise’ tax refunds and new IRS crypto rules arrive

Bitcoin faces $240B demand shock as ‘surprise’ tax refunds and new IRS crypto rules arrive

Tax season is now more connected to Bitcoin’s retail demand. Bitcoin has spent the first half of April trading in the low $70,000s, with recent mov...
Crypto Tax Reporting Crisis: Bloomberg Reveals Alarming IRS Shortfall as US Investors Fail to Declare Gains

Crypto Tax Reporting Crisis: Bloomberg Reveals Alarming IRS Shortfall as US Investors Fail to Declare Gains

BitcoinWorld Crypto Tax Reporting Crisis: Bloomberg Reveals Alarming IRS Shortfall as US Investors Fail to Declare Gains A significant tax complia...
The new IRS crypto tax form can flag your sale before you prove what you actually owe

The new IRS crypto tax form can flag your sale before you prove what you actually owe

The first Form 1099-DA season is arriving for US crypto investors with a basic problem: many people are getting the new IRS form before they unders...
Congress aims to make digital dollars easier to use than Bitcoin solidifying the ‘digital gold’ narrative

Congress aims to make digital dollars easier to use than Bitcoin solidifying the ‘digital gold’ narrative

Washington is building a cleaner lane for digital dollars, and the consequence for Bitcoin is becoming easier to map. Over the past year, U.S. lawm...
Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

Congress has introduced the Digital Asset PARITY Act, a bipartisan discussion draft introduced by Reps. Steven Horsford and Max Miller, who would r...